Greatview Aseptic Subsidiaries Launch Shanghai Arbitration Amid Probe Fallout

MT Newswires Live03-20

Greatview Aseptic Packaging (HKG:0468) said three subsidiaries have launched arbitration proceedings in Shanghai, according to a Friday Hong Kong bourse filing.

The cases, filed with the Shanghai International Economic and Trade Arbitration Commission, target counterparties linked to its disposed international business and related agreements.

One unit is seeking about 75.6 million yuan, including return of goods, deposits, and damages, while others aim to void trademark-related agreements, the filing showed.

The move follows an investigation that flagged issues in prior disclosures, related-party dealings, and certain transactions, prompting legal action.

Trading in the company's shares has been suspended since February 2025.

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