Brief: China Kingstone Mining Holdings Updates On Litigation Involving Sichuan Jinshida
05/07/2018 16:01
July 5 (Reuters) - China Kingstone Mining Holdings Ltd
1380.HK :
* SICHUAN JINSHIDA AND PLAINTIFF AGREED TO SETTLE CLAIM FOR
RMB21.8 MILLION
* AS RESULT OF SETTLEMENT AGREEMENT, GAIN ON REVERSAL OF
PROVISION
OF RMB15.7 MILLION WILL BE REFLECTED FOR FY 2018
* COMPANY HAS NOT LOST CONTROL AND OWNERSHIP OF ZHANGJIABA
MINE
AND THERE IS AT PRESENT NO IMPACT ON ITS DAILY OPERATION
Source text for Eikon: ID:nHKS2BSR68
Further company coverage: 1380.HK
((Reuters.Briefs@thomsonreuters.com;))
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