Ourgame International Holdings Ltd (HK:6899) has released an update.
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Ourgame International Holdings Limited is actively pursuing the recovery of historical loans and receivables, including a HK$5 million loan to former executive Mr. Frank Ng, now under police investigation for suspected criminal acts. The company has achieved a legal victory with the ICC Arbitral Award, requiring Spoville and its major shareholder to repay the principal amount of the convertible bonds and related costs, a decision recently upheld by a Korean court. Ourgame is committed to recovering these funds and safeguarding shareholder interests, promising updates in compliance with the Listing Rules.
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