July 21 (Reuters) - DMX Technologies Group Ltd
* Update on proceedings against Winscom Guangzhou Technologies Company Limited
* Application was filed by DMX HK to Shenzhen Qianhai court to withdraw Winscom proceedings
* Shenzhen Qianhai court has granted DMX HK's application of withdrawal on 14 July 2017.
* Withdrawal of Winscom proceedings not expected to have material impact on financial statements of Co for financial year ending 31 Dec 2017 Source text for Eikon: Further company coverage: