Brief: Jiangsu Nandasoft Technology updates on settlement of litigation
19/02/2016 11:46
Feb 19 (Reuters) - Jiangsu Nandasoft Technology Co Ltd 8045.HK : * Settlement of litigation * On 29 January 2016, the company and the plaintiff entered into a settlement agreement * Says company received the endorsed settlement agreement on 19 February 2016 * Reference made to announcement of company dated 24 September 2014 regarding a litigation initiated by against the company * Says company shall pay to the plaintiff an aggregate sum of RMB182.6 million * Upon full payment plaintiff shall apply to the court for withdrawal of the freezing order on the assets of the company * Source text for Eikon ID:nHKS2hH03M ((For more news, please click here 8045.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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