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BRIEF-Shenzhen Investment updates on litigation on Wuhan Shum Yip Terra Property Development Co Ltd​
October 9, 2017 / 10:25 AM / 8 days ago

BRIEF-Shenzhen Investment updates on litigation on Wuhan Shum Yip Terra Property Development Co Ltd​

Oct 9 (Reuters) - Shenzhen Investment Ltd:

* Gives ‍update on litigation involving Wuhan Shum Yip Terra Property Development Co Ltd​

* Says Wuhan Terra Co found guilty by ‍Hubei province court; Wuhan Terra Co ordered to pay RMB557.4 million​

* Says ‍Wuhan Terra Co to appeal against judgment; judgment to not have any material adverse effect on financial position of group​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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