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1918 — Sunac China Holdings News Story

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Brief: Sunac China Says Court Made Registration Order In Guarantee Contract Dispute Involving Chairman

BRIEF-Sunac China Says Court Made Registration Order In Guarantee Contract Dispute Involving Chairman

- Sunac China Holdings Limited 1918.HK:

  • HIGH COURT OF HONG KONG MAKES REGISTRATION ORDER IN GUARANTEE CONTRACT DISPUTE INVOLVING CHAIRMAN

  • BOARD CONSIDERS COURT ORDER WILL NOT MATERIALLY IMPACT GROUP'S BUSINESS OR OPERATIONS

  • CHAIRMAN TO BEAR JOINT AND SEVERAL GUARANTEE LIABILITY FOR RMB309.6 MILLION

  • SUNAC REAL ESTATE AND ORIENTAL YUHONG IN NEGOTIATIONS REGARDING SETTLEMENT

Further company coverage: 1918.HK


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

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