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    1004 — China Smarter Energy group News Story

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    Brief: China Smarter Energy Group Says Informed Of Dispute Involving Facility Deal

    Picture of China Smarter Energy group logoChina Smarter Energy group
    05/02/2021 13:52
    Feb 5 (Reuters) - China Smarter Energy Group Holdings Ltd
 1004.HK :
    * INFORMED THERE IS DISPUTE INVOLVING FACILITY DEAL ENTERED
BETWEEN RICH CROWN & INDUSTRIAL BANK IN 2018
    * FACILITY DEAL WAS SECURED BY TOTAL OF 4.36 BILLION SHARES
OF CO
    * IN DEC 2020 INDUSTRIAL BANK APPOINTED PURPORTED RECEIVERS
OVER
PLEDGED SHARES
    * APPOINTMENT MAY RESULT IN SALE OF PLEDGED SHARES TO OTHER
THIRD-PARTY PURCHASERS

Source text for Eikon:  ID:nHKS7Yb7rX 
Further company coverage:  1004.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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