Fubon Technology announced that its wholly-owned subsidiary Fubon of the Netherlands has received a “judgment” issued by the Amsterdam court in the Netherlands. In the case of an equity transfer contract dispute between HNC and Dutch Fubon, the Netherlands, the Amsterdam court handed down a first instance judgment. Dutch Fubon is required to pay legal commercial interest, compensation and litigation costs of 9.2892 million euros to HNC. The total amount is 6.1052 million euros. The company will file an appeal, and there is still uncertainty about the final verdict and its impact on the company.

Fubon Technology announced that its wholly-owned subsidiary Fubon of the Netherlands has received a “judgment” issued by the Amsterdam court in the Netherlands. In the case of an equity transfer contract dispute between HNC and Dutch Fubon, the Netherlands, the Amsterdam court handed down a first instance judgment. Dutch Fubon is required to pay legal commercial interest, compensation and litigation costs of 9.2892 million euros to HNC. The total amount is 6.1052 million euros. The company will file an appeal, and there is still uncertainty about the final verdict and its impact on the company.