Jan 29 (Reuters) - Dingyi Group Investment Ltd 0508.HK :
* Major transaction update on development
* Informed by xibu yungu jinshidai vendors have not performed in accordance
with the terms of the acquisition agreement
* Xibu yungu submitted an application for arbitration to Shenzhen arbitration
commission
* Application for seeking specific performance of the acquisition agreement and
damages against the jinshidai vendors
* Application has been accepted by the commission on the same date
Source text for Eikon ID:nHKSbg5smB
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