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Brief: Dingyi Group Investment says updates on arbitration claim

April 12 (Reuters) - Dingyi Group Investment Ltd  0508.HK : 
 * Major transaction update on development  0508.HK  
 * Under the settlement agreement, the jinshidai vendors agreed to make a payment of RMB38 million 
 * Jinshidai vendors, parkwill group, xibu yungu and xumao ventures entered into a settlement agreement 
 * To settle arbitration claim by xibu to commission seeking specific performance of acquisition agreement and damages against jinshidai vendors 
 * Source text (http://bit.ly/1oTDkla) 
 
 
 
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