Brief: Xinte Energy Says Unit Got Notice To Respond To Action Issued By Court

Xinte Energy

20/05/2020 16:32

May 20 (Reuters) - Xinte Energy Co Ltd  1799.HK :
    * XINTE ENERGY CO LTD-UNIT GOT NOTICE TO RESPOND TO ACTION
ISSUED
BY COURT
    * XINTE ENERGY-RECEIVED NOTICE ON DISPUTE BETWEEN HUAXIA
FINANCIAL
LEASING & XINJIANG NEW ENERGY, XUYI HIGH DRIVE WIND POWER CO. &
OTHERS
    * XINTE ENERGY CO LTD-AS AT MAY 20, CONSTRUCTION OF WIND
POWER
PROJECT WAS SUSPENDED
    * XINTE ENERGY-HUAXIA FINANCIAL LEASING FILED CLAIM TO COURT
ON
EQUIPMENT DELIVERED BY XINJIANG NEW ENERGY'S  INCONSISTENCY WITH
CONSTRUCTION AGREEMENT
    * XINTE ENERGY CO LTD-HUAXIA FINANCIAL LEASING FILED A CLAIM
AND
SEEKS TO RECOVER PRINCIPAL OF FINANCE LEASE OF RMB600 MILLION
FROM UNIT
    * XINTE ENERGY-AS AT 20 MAY, TRIAL FOR DISPUTE NOT COMMENCED

Source text for Eikon:  ID:nHKS2xNVLt 
Further company coverage:  1799.HK 

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