Core Points - Raffles Interior (01376) received a letter from an international law firm representing a claimant, detailing a consulting service agreement with the company's chairman, Zheng Nenghuan, which includes a payment obligation of HKD 10 million [1] - The claimant has the right to demand Zheng Nenghuan to transfer assets or shares if he fails to fulfill the payment obligation, potentially affecting his controlling interest in the company [1] - The board has raised inquiries regarding the accuracy of the claims, the background of the letter, and the potential adverse effects on Zheng Nenghuan and the company, but has not received a response from him [2] Summary by Sections - Consulting Service Agreement: The agreement stipulates that Zheng Nenghuan is obligated to pay the claimant a total of HKD 10 million for consulting services rendered [1] - Asset Disposal Rights: The claimant has initiated legal action to enforce their rights under the consulting service agreement, which may lead to the transfer of Zheng Nenghuan's assets to recover the service fee [1] - Board's Response: The board is conducting an internal investigation and seeking legal advice on whether the exercise of asset disposal rights could trigger a mandatory offer to shareholders under relevant regulations [2]
RAFFLESINTERIOR接获针对董事会主席及控股股东的申索函