United Gene's (HKG:0399) units claimed outstanding payments


United Gene High-Tech Group (HKG:0399) announced that it has been informed by its subsidiaries, CNL (Pinghu) Biotech Co. Limited and Longmark (Shanghai) Healthcare Limited, that each of them has received a writ of summons issued by Pinghu District Court of Zhejiang Province and Changning District Court of Shanghai respectively claiming outstanding payments.

CNL and Longmark have had their deposit/asset frozen pursuant to court rulings.

A court hearing in relation to the writ against CNL will be convened on 5 June 2012


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