Brief: Chin Shanshui Cement Group announces PRC legal action against Shandong Shanshui

China Shanshui Cement

29/06/2017 14:22

June 29 (Reuters) - China Shanshui Cement 0691.HK  
    * Legal Action Against Shandong Shanshui And Appointment Of 
Receivers Of Shares In Csi  
    * Notified by its prc legal advisors that shandong shanshui 
cement group company limited is in course of conducting 
mediation 
    * Prc legal action against shandong shanshui 
    * Illegal occupation of properties of shandong shanshui by 
its former senior management has constituted an obstacle to 
mediation 
    * Judgment ordered shandong shanshui to pay claimants 
principal plus liquidated damages of over rmb500 million 
 
Source text for Eikon:  ID:nHKSddM7k  
Further company coverage:  0691.HK  
 
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