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Kiwa Bio-Tech (KWBT) Subsidiary Files Lawsuit Against Owner of Leased Factory
12/28/2009 9:46:22 AM
BEIJING and CLAREMONT, Calif., Dec. 23, 2009 (GLOBE NEWSWIRE) -- Kiwa Bio-Tech Products Group Corporation (OTCBB:KWBT) announced that on December 22, 2009, Tianjin Kiwa Feed Co., Ltd. ("Kiwa Tianjin"), 80% owned subsidiary of Kiwa Bio-Tech Products Group Corporation, filed a lawsuit against Tianjin Challenge Feed Co., Ltd. ("Challenge Feed"), Kiwa's 20% joint venture partner in Kiwa Tianjin, in the local court of Wuqing District, Tianjin, where Kiwa Tianjin is domiciled.
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