Brief: Hang Tai Yue Group Says Unit & Huawei Technologies Completed Execution Process Of Agreement
12/03/2019 14:14
March 12 (Reuters) - Hang Tai Yue Group Holdings Ltd
8081.HK :
* EPRO SOFTWARE & HUAWEI TECHNOLOGIES COMPLETE EXECUTION
PROCESS
OF AGREEMENT, EPRO TO PAY RMB48.1 MILLION TO HUAWEI
* PURSUANT TO AGREEMENT, EPRO SHALL PAY RMB48.1 MILLION TO
HW FOR
EPRO'S BREACH OF HONESTY AND INTEGRITY UNDERTAKING
* IN RELATION TO CLAIM, CO INCREASES PROVISION TO HK$57.5
MILLION
TO BE RECOGNISED FOR FY ENDED DEC 31, 2018
Source text for Eikon: urn:newsml:reuters.com:*:nHKS8kbXhp
Further company coverage: 8081.HK
(Reuters.Briefs@thomsonreuters.com)
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