Dec 7 (Reuters) - China Environment Ltd CHEN.SI :
* Issues raised by auditors and update on CITIC bank loan
* Says FJDY is expected to receive the approval from CITIC within two weeks
* Negotiation with CITIC in regards to partial loan repayment of and conversion of remaining RMB30 million bank loan are on track
* Says board is of the opinion that a trading suspension is not required
* Source text for Eikon ID:nSNZ3vsxfR
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