Brief: China Zhengtong Auto Services Says Unit Received Judgments

China Zhengtong Auto Services Holdings

22/03/2024 15:28

March 22 (Reuters) - China ZhengTong Auto Services
Holdings Ltd  1728.HK :
    * UNIT RECEIVED JUDGMENTS IN RELATION TO TWO CIVIL LAWSUITS
FROM
WUHAN INTERMEDIATE PEOPLE'S COURT
    * INDEBTEDNESS OF BEIJING GUANGZE UNDER FIXED ASSET LOAN
CONTRACT
RMB442 MILLION
    * HUBEI BANK ALLEGED AS OF 28 FEB INDEBTEDNESS OF INNER
MONGOLIA
SHENGZE RMB120 MILLION
    * ACCORDING TO JUDGMENT BEIJING GUANGZE OWES HUBEI BANK
RMB404
MILLION AND RELATED INTEREST
    * INNER MONGOLIA SHENGZE SHALL PAY TO HUBEI BANK RMB113.5
MILLION
AND RELATED INTEREST

Further company coverage:  1728.HK 

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