Brief: China Ever Grand Financial Leasing Group Provides Voluntary Announcement Update On Contingent Liabilities

China Ever Grand Financial Leasing

30/09/2022 11:30

Sept 30 (Reuters) - China Ever Grand Financial Leasing
Group Co Ltd  0379.HK :
    * VOLUNTARY ANNOUNCEMENT UPDATE ON CONTINGENT LIABILITIES
    * IN SEPTEMBER UNIT GOT SECOND TRIAL CIVIL JUDGEMENT OF
APPEAL
CASE
    * CONSIDERS THAT THERE WILL BE NO MATERIAL ADVERSE IMPACT ON
OPERATION OF BJEG AS A RESULT OF JUDGEMENT
    * IS IN COURSE OF DISCUSSION WITH ITS PRC LEGAL ADVISER &
AUDITORS
IN RELATION TO FINANCIAL IMPACT FROM JUDGEMENT
    * PURSUANT TO SECOND TRIAL CIVIL JUDGEMENT OF APPEAL CASE
HIGH
COURT DISMISSED APPEAL
    * NOT IN POSITION TO FINALISE DETERMINATION OF FINANCIAL
IMPACT
FROM JUDGEMENT AT THIS MOMENT
    * APPEAL ON LITIGATION ABOUT ALLEGED BREACH OF LOAN CONTRACT
BROUGHT BY EXPORT-IMPORT BANK OF CHINA AGAINST UNIT

Source text for Eikon:  ID:nHKS6kD8WX 
Further company coverage:  0379.HK 
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