Brief: Shifang Holding Says Got Judgment Confirming Unit's Cooperative & Lease Agreement Shall Be Rescinded

Shifang Holding

01/06/2021 02:48

June 1 (Reuters) - Shifang Holding Ltd  1831.HK :
    * GOT JUDGMENT DATED 26 MAY CONFIRMING UNIT'S COOPERATIVE
AGREEMENT AND LEASE AGREEMENT SHALL BE RESCINDED
    * BEIJING FANXING IS ORDERED TO SURRENDER PROJECT SITE TO
LANDLORD
WITHIN 30 DAYS AFTER JUDGMENT
    * CONSIDERS THAT BEIJING FANXING HAS GROUNDS TO APPEAL
JUDGMENT

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