Beijing UBOX Online Technology Slapped with Arbitration Notice

MT Newswires Live10-17

Beijing UBOX Online Technology (HKG:2429) received a notice of arbitration filed by Guangzhou Fuyu Intelligent Technology over a certain investment agreement contract, a Thursday bourse filing said.

Guangzhou Fuyu Intelligent Technology is alleging that the company failed to acquire a 49% stake held by the former in Shenzhen Youfu Sharing Trading as agreed under a 2021 contract.

Beijing UBOX Online Technology currently owns the remaining 51% equity interest in Shenzhen Youfu Sharing Trading.

The vending machine operator is seeking legal advice related to the matter.

Shares of the company closed nearly 4% lower on Thursday.

Price (HKD): $10.40, Change: $-0.42, Percent Change: -3.88%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2476881125?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-17 20:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2476881125","market":"nz","top_or_hot":-1,"title":"Beijing UBOX Online Technology Slapped with Arbitration Notice","media":"MT Newswires Live","content":"<html><body><p> Beijing UBOX Online Technology (HKG:2429) received a notice of arbitration filed by Guangzhou Fuyu Intelligent Technology over a certain investment agreement contract, a Thursday bourse filing said.</p><p>Guangzhou Fuyu Intelligent Technology is alleging that the company failed to acquire a 49% stake held by the former in Shenzhen Youfu Sharing Trading as agreed under a 2021 contract.</p><p>Beijing UBOX Online Technology currently owns the remaining 51% equity interest in Shenzhen Youfu Sharing Trading.</p><p>The vending machine operator is seeking legal advice related to the matter.</p><p>Shares of the company closed nearly 4% lower on Thursday.</p><p>Price (HKD): $10.40, Change: $-0.42, Percent Change: -3.88%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beijing UBOX Online Technology Slapped with Arbitration Notice</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeijing UBOX Online Technology Slapped with Arbitration Notice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-17 20:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beijing UBOX Online Technology (HKG:2429) received a notice of arbitration filed by Guangzhou Fuyu Intelligent Technology over a certain investment agreement contract, a Thursday bourse filing said....</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HKD","symbol_name":"尚乘数科","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2476881125","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476881125","pubTimestamp":1729168342,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Beijing UBOX Online Technology  received a notice of arbitration filed by Guangzhou Fuyu Intelligent Technology over a certain investment agreement contract, a Thursday bourse filing said.Guangzhou Fuyu Intelligent Technology is alleging that the company failed to acquire a 49% stake held by the former in Shenzhen Youfu Sharing Trading as agreed under a 2021 contract.Beijing UBOX Online Technology currently owns the remaining 51% equity interest in Shenzhen Youfu Sharing Trading.The vending machine operator is seeking legal advice related to the matter.Shares of the company closed nearly 4% lower on Thursday.Price : $10.40, Change: $-0.42, Percent Change: -3.88%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HKD":"尚乘数科","BK4585":"ETF&股票定投概念","02429":"友宝在线","BK4526":"热门中概股","BK4588":"碎股","BK4023":"应用软件","BK1132":"食品零售"},"translate_title":"北京优盒在线科技被仲裁通知扇耳光","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"02429":0.9},"content_text":"Beijing UBOX Online Technology (HKG:2429) received a notice of arbitration filed by Guangzhou Fuyu Intelligent Technology over a certain investment agreement contract, a Thursday bourse filing said.Guangzhou Fuyu Intelligent Technology is alleging that the company failed to acquire a 49% stake held by the former in Shenzhen Youfu Sharing Trading as agreed under a 2021 contract.Beijing UBOX Online Technology currently owns the remaining 51% equity interest in Shenzhen Youfu Sharing Trading.The vending machine operator is seeking legal advice related to the matter.Shares of the company closed nearly 4% lower on Thursday.Price (HKD): $10.40, Change: $-0.42, Percent Change: -3.88%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2476881125"}