Brief: Shanghai Dasheng Agriculture Finance Technology Receives Civil Judgment

Shanghai Dasheng Agriculture Finance Technology Co

16/01/2020 14:59

Jan 16 (Reuters) - Shanghai Dasheng Agriculture Finance
Technology Co Ltd  1103.HK :
    * RECEIVED A CIVIL JUDGMENT FROM COURT IN RELATION TO SECOND
CEFC
LEGAL PROCEEDINGS
    * CO TO REPAY CEFC SHANGHAI SECURITIES LTD IN 15 DAYS FROM
EFFECTIVE DATE OF CEFC CIVIL JUDGMENT
    * CO TO REPAY PRINCIPAL AMOUNT OF LOAN OF RMB300 MILLION,
OVERDUE
INTEREST OF RMB10.7 MILLION
    * CO TO ALSO REPAY RELEVANT PENALTY INTEREST OF RMB1.4
MILLION,
AMONG OTHERS
    * BOARD SEEKING LEGAL ADVICE ON WHETHER TO ACCEPT CEFC CIVIL
JUDGMENT

Source text for Eikon:  ID:nHKS2K5qZ5 
Further company coverage:  1103.HK 

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