BRIEF-China Minsheng Banking Gets Civil Judgment Of Lawsuit Against Oceanwide Group

Reuters

2024/10/31

Oct 30 (Reuters) - China Minsheng Banking Corp Ltd

* UPDATES IN RELATION TO PROGRESS OF LITIGATION

* RECEIVED CIVIL JUDGMENT SERVED BY BEIJING FINANCIAL COURT OF LAWSUIT AGAINST OCEANWIDE GROUP BY BEIJING BRANCH

* UNDER CIVIL JUDGMENT, OCEANWIDE GROUP TO REPAY BEIJING BRANCH OF BANK LOAN PRINCIPAL OF RMB800 MILLION

* UNDER JUDGEMENT, OCEANWIDE HOLDING TO REPAY BEIJING BRANCH OF BANK LOAN PRINCIPAL OF RMB300 MILLION

Further company coverage:

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

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