Brief: China New Town Development Updates On Arbitration Related To Disposal Master Agreement Between Co And Srei
28/04/2021 10:36
April 28 (Reuters) - China New Town Development Co Ltd
1278.HK :
* UPDATES ON ARBITRATION RELATED TO DISPOSAL MASTER
AGREEMENT
BETWEEN CO AND SREI
* SREI ALLEGED COMPANY SHOULD PAY AN ADDITIONAL RMB17.2
MILLION TO
SREI
* SREI CLAIMS REMEDIES OF COMPENSATION FROM COMPANY OF
RMB390.2
MILLION
* CO IS IN COURSE OF SEEKING LEGAL ADVICE ON NOTICE TO
ASSESS
ALLEGATIONS THEREIN AND POTENTIAL IMPACT ON CO
Source text for Eikon: ID:nHKS9TdByp
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