Brief: PICC Property and Casualty updates on derivative action involving a director

China Shanshui Cement

20/09/2017 24:44

Sept 20 (Reuters) - Picc Property And Casualty Co Ltd 
 2328.HK : 
    * Updates on derivative action in Cayman Islands involving 
an independent non-executive director 
    * Company considers that derivative action will not have any 
effect on business or operations of company 
    * Board of directors of Shanshui Cement is seeking legal 
advice on claims in derivative action 
    * Relief is sought in name of Shanshui Cement as against the 
defendants 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3n43y1 
Further company coverage:  2328.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com))