Sinovac Commences Legal Proceedings to Nullify Filings B...
(WorldNews China)

BEIJING -- Senior management of Sinovac Biotech Ltd. (NASDAQ: SVA) (`Sinovac` or the `Company`) and the lawful directors of Sinovac Hong Kong have commenced legal proceedings in the High Court of the Hong Kong Special Administrative Region to nullify and remove forged documents that were illegally filed with the Hong Kong Companies Registry in respect ofSinovac Biotech (Hong Kong) Limited (`Sinovac HK`) and with the Industry and Commerce Bureau of Beijing in respect of Sinovac Biotech Co., Ltd. (`Sinovac Beijing`). In addition, in the High Court of Justice in Antigua and Barbuda, the Company has petitioned for 1Globe Capital LLC (`1Globe`) to be restrained from making any attempt to take...