May 5, 2020 / 3:30 PM / a month ago

BRIEF-Wuzhou International Updates On Dispute Over Financial Loan Agreement

May 5 (Reuters) - Wuzhou International Holdings Ltd :

* WUZHOU INTERNATIONAL UPDATES ON DISPUTE OVER FINANCIAL LOAN AGREEMENT & SOME ANCILLARY AGREEMENTS INVOLVING SHU CECHENG

* ON 23 APRIL, PARTIES ENTERED SETTLEMENT AGREEMENT AFTER MEDIATION HOSTED BY COURT

* UNDER AGREEMENT, PARTIES AGREED OUTSTANDING DEBT TO BE REPAID BY UNIT TO ZHEJIANG RUNYU SHALL BE RMB167.9 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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