Brief: Noah Holdings Updates On Status Of Legal Proceedings

Noah Holdings

08/05/2024 10:48

May 8 (Reuters) - Noah Holdings Ltd  NOAH.N :
    * UPDATES ON STATUS OF LEGAL PROCEEDINGS
    * ON MAY 6, 2024, COMPANY RECEIVED JUDGMENT OF CAMSING CIVIL
CASE
    * CAMSING ORDERED TO PAY SHANGHAI GOPHER OUTSTANDING AMOUNT
OF
CAMSING RECEIVABLES OF RMB3.4 BILLION
    * FURTHER, CAMSING WAS ORDERED TO BEAR FEES AND EXPENSES OF
RMB17.1 MILLION INCURRED BY SHANGHAI FINANCIAL COURT
    * CAMSING ORDERED TO PAY SHANGHAI GOPHER LEGAL FEES AND
EXPENSES
INCURRED BY SHANGHAI GOPHER AMOUNTING TO RMB3.6 MILLION

Further company coverage:  NOAH.N 

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