Brief: Shenyang Public Utility Updates On Arbitration Entered By Associate Of Group
11/09/2018 14:32
Sept 11 (Reuters) - Shenyang Public Utility Holdings Co Ltd
0747.HK :
* UNIT RECENTLY GOT ARBITRATION NOTICE ABOUT DISPUTE ON LOAN
AGREEMENT BETWEEN ICBC PUTIAN LICHENG BRANCH & GROUP'S ASSOCIATE
* IS RECEIVING ADVICE FROM EXTERNAL LEGAL COUNSEL REGARDING
POTENTIAL LIABILITY & OBLIGATIONS OF GROUP UNDER ARBITRATION
* ACCORDING TO ARBITRATION NOTICE, AS AT 20 AUG, OUTSTANDING
PRINCIPAL, INTEREST WERE RMB141.6 MILLION, RMB720,364.63
RESPECTIVELY
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