Greentech Technology International Limited (HK:0195) has released an update.
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Greentech Technology International Limited triumphs in court with a favorable judgment in the High Court Action number 1357 of 2011. The court ruled that the company could set-off AUD 3.24 million against receivables and recognized an additional AUD 16.3 million as a shareholder’s loan, leading to a net balance of approximately AUD 4.4 million due to GPL. The ruling included a directive for accounts rectification and awarded interest on the judgment sum.
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