Brief: First Credit Finance Group Updates On Litigation
11/06/2018 16:19
June 11 (Reuters) - First Credit Finance Group Ltd
8215.HK :
* BORROWER, CO AND LENDER REACHED SETTLEMENT ARRANGEMENT IN
RELATION TO CLAIM MADE BY LENDER UNDER WRIT
* REFERS TO SETTLEMENT ARRANGEMENT IN RELATION TO CLAIM MADE
BY
LENDER UNDER WRIT AND CONSENT ORDER ISSUED BY COURT ON 30 MAY
* UNDER SETTLEMENT AGREEMENT, AMONG OTHERS, BORROWER AND CO
TO PAY
LENDER HK$23 MILLION IN FIVE WEEKLY INSTALMENTS
Source text for Eikon: ID:nHKSbxgTFw
Further company coverage: 8215.HK
((Reuters.Briefs@thomsonreuters.com;))
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