Brief: Waterland Financial Holdings unit receives T$565 mln in settlement

IBF Financial Holdings Co

19/12/2017 01:35

Dec 19(Reuters) - Waterland Financial Holdings Co Ltd 
 2889.TW   
     
    * Says co's unit International Bills Finance Corp is 
affiliated 
with Taiwan Securities and Commodities Securities 
(ABCP)Litigation in Taiwan High Court 
    * As both parties agreed to settle the dispute, the two 
parties 
have signed a settlement agreement recently and co's unit has 
received T$565 million in settlement 
    * Says unit will withdraw the lawsuit from the Taiwan High 
Court 
 
    Source text in Chinese: https://goo.gl/sZwZBW 
    Further company coverage: 2889.TW  
 
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