February 23, 2018 / 6:13 AM / 4 months ago

BRIEF-Suncity Group Holdings Updates On Settlement Agreement Between‍ Shenzhen Zirui & Sun Century Property

Feb 23 (Reuters) - Suncity Group Holdings Ltd:

* SHENZHEN ZIRUI & SUN CENTURY PROPERTY ENTER AGREEMENT TO SETTLE BANK CLAIM WITH SETTLEMENT AMOUNT OF RMB235 MILLION

* SHENZHEN ZIRUI & SUN CENTURY PROPERTY ALSO SIGN AGREEMENT TO SETTLE CONSULTANT CLAIM OF RMB45 MILLION IN ADDITION TO DEPOSIT OF RMB84.6 MILLION Source text for Eikon: Further company coverage:

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