BRIEF-Guangzhou R&F Properties Updates On Major Litigation Involving Co, Controlled Subsidiaries

Reuters01-05

Jan 5 (Reuters) - Guangzhou R&F Properties Co Ltd

:

* ANNOUNCEMENT ON PROGRESS OF MAJOR LITIGATION INVOLVING COMPANY AND ITS CONTROLLED SUBSIDIARIES

* RECENTLY, RECEIVED CIVIL JUDGMENT ISSUED BY SHENZHEN INTERMEDIATE PEOPLE'S COURT

* JUDGMENT CONCLUDED CO AND TAIYUAN QIFU PROPERTIES DEVELOPMENT SHALL REPAY RMB 318.9 MILLION AND INTEREST TO TRUST CO

* ACTIVELY COMMUNICATING AND NEGOTIATING WITH RELEVANT CREDITOR

Source text for Eikon: Further company coverage:

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

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