Brief: Lippo China Resources Announces Lcr Parties Reached Consensus After Mediation & Entered Into A Settlement Agreement With Counterparties On 20 Sept
Sept 20 (Reuters) - Lippo China Resources Ltd 0156.HK :
* LCR PARTIES REACHED CONSENSUS AFTER MEDIATION & ENTERED
INTO A
SETTLEMENT AGREEMENT WITH COUNTERPARTIES ON 20 SEPT
* LCR GROUP AGREED TO PAY US$49.5 MILLION TO COUNTERPARTIES
UNDER
SETTLEMENT AGREEMENT
* PARTIES AGREED TO SETTLE LITIGATION & ALL CLAIMS FOR LCR
GROUP'S
OWNERSHIP INTEREST & PARTICIPATION IN SKYE AND CS MINING
Further company coverage: 0156.HK
((Reuters.Briefs@thomsonreuters.com;))
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