【Fuchai】Our subsidiary Lextar (Singapore) Pte. Ltd. received a complaint filed by the lawyer of Hong Kong Shang Jiete Lighting Co., Ltd.
Lextar (Singapore) Pte. Ltd. and its parent company are being sued in Hong Kong by Aurora International Lighting Corporation Limited for alleged breaches of duty and unlawful acts. Lextar denies the claims and will mount a legal defense.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:33 (33 min after Collected)
1. Date of Factual Occurrence: 115/05/07
2. Company Name: Lextar (Singapore) Pte. Ltd.
3. Relationship with Company (Enter Parent Company or Subsidiary): Subsidiary
4. Proportion of Mutual Shareholding: 100%
5. Reason for Occurrence: Hong Kong Shang Jiete Lighting Co., Ltd. (Aurora International Lighting Corporation Limited) has filed a civil lawsuit in the Hong Kong High Court against our company and its overseas subsidiary Lextar (Singapore) Pte. Ltd.
6. Countermeasures: Subsidiary Lextar (Singapore) Pte. Ltd. has received the lawsuit documents, but our company has not yet received them as of today. Hong Kong Shang Jiete Lighting Co., Ltd. claims in the Hong Kong High Court that our company, subsidiary Lextar (Singapore) Pte. Ltd., and other co-defendants conspired to commit unlawful acts in violation of fiduciary duty and other responsibilities, and therefore seeks damages, although the amount claimed is not specified. Subsidiary Lextar (Singapore) Pte. Ltd. is a shareholder of Hong Kong Shang Jiete Lighting Co., Ltd., with an original investment of USD 6.8 million, holding a 20% stake. The other shareholder holds 80%. Subsidiary Lextar (Singapore) Pte. Ltd. has never had a dominant role in that company. Hong Kong Shang Jiete Lighting Co., Ltd.'s claims are inconsistent with the facts. Our company and subsidiary Lextar (Singapore) Pte. Ltd. have never engaged in unlawful acts that harmed Hong Kong Shang Jiete Lighting Co., Ltd. Our company and subsidiary Lextar (Singapore) Pte. Ltd. will present a defense in accordance with the law and relevant regulations, and will make timely announcements of subsequent developments to protect investor interests.
7. Other Matters to be Noted (If the subject of the event or resolution is a publicly offered company or higher, this material information also meets the criteria of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules regarding matters that have a material impact on shareholder rights or stock prices): None.
2. Company Name: Lextar (Singapore) Pte. Ltd.
3. Relationship with Company (Enter Parent Company or Subsidiary): Subsidiary
4. Proportion of Mutual Shareholding: 100%
5. Reason for Occurrence: Hong Kong Shang Jiete Lighting Co., Ltd. (Aurora International Lighting Corporation Limited) has filed a civil lawsuit in the Hong Kong High Court against our company and its overseas subsidiary Lextar (Singapore) Pte. Ltd.
6. Countermeasures: Subsidiary Lextar (Singapore) Pte. Ltd. has received the lawsuit documents, but our company has not yet received them as of today. Hong Kong Shang Jiete Lighting Co., Ltd. claims in the Hong Kong High Court that our company, subsidiary Lextar (Singapore) Pte. Ltd., and other co-defendants conspired to commit unlawful acts in violation of fiduciary duty and other responsibilities, and therefore seeks damages, although the amount claimed is not specified. Subsidiary Lextar (Singapore) Pte. Ltd. is a shareholder of Hong Kong Shang Jiete Lighting Co., Ltd., with an original investment of USD 6.8 million, holding a 20% stake. The other shareholder holds 80%. Subsidiary Lextar (Singapore) Pte. Ltd. has never had a dominant role in that company. Hong Kong Shang Jiete Lighting Co., Ltd.'s claims are inconsistent with the facts. Our company and subsidiary Lextar (Singapore) Pte. Ltd. have never engaged in unlawful acts that harmed Hong Kong Shang Jiete Lighting Co., Ltd. Our company and subsidiary Lextar (Singapore) Pte. Ltd. will present a defense in accordance with the law and relevant regulations, and will make timely announcements of subsequent developments to protect investor interests.
7. Other Matters to be Noted (If the subject of the event or resolution is a publicly offered company or higher, this material information also meets the criteria of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules regarding matters that have a material impact on shareholder rights or stock prices): None.