Brief: Huscoke Enters Into Settlement Agreement

Huscoke Holdings

13/12/2023 15:33

Dec 13 (Reuters) - Huscoke Holdings Ltd  0704.HK :
    * ENTERING INTO SETTLEMENT AGREEMENT
    * CO AND ENERGY TECHNOLOGY REACHED CONSENSUS AND ENTERED
INTO
SETTLEMENT AGREEMENT
    * SETTLEMENT AGREEMENT UNDER MEDIATION OF INTERMEDIATE
PEOPLE'S
COURT OF LULIANG OF SHANXI PROVINCE
    * UNDER AGREEMENT, ENERGY TECHNOLOGY WILL PAY TRADING REFUND
AND
COMPENSATION AS OF 1 DEC OF USD11.5 MILLION AND RMB78 MILLION
RESPECTIVELY


Further company coverage:  0704.HK 

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