Viking Acquisition Corporation files claims against Tecnotree; Tecnotree rejects Viking Acquisition Corporation’s offer to buy assets
Tecnotree Corporation has learned that Viking Acquisition Corporation has filed a claim before the District Court of Länsi-Uusimaa to nullify certain resolutions of Tecnotree’s board from 2018 and 2019 that approved the previously announced investments of Fitzroy Investments Limited and Luminos Sun Holding Limited into Tecnotree. Viking Acquisition Corporation has also filed a claim for damages against the previous and current board of directors of Tecnotree. Tecnotree firmly believes that the claims do not hold any merit and will take all necessary measures to contest the claims.