BRIEF-SRE Group Says Shanghai Jinxin, Others Entered Enforcement Settlement Agreement With Co & Lenders

Reuters11-01

Nov 1 (Reuters) - SRE Group Ltd :

* SHANGHAI JINXIN, ZHONGCHONG GROUP & UNITS ENTERED ENFORCEMENT SETTLEMENT AGREEMENT DATED 28 OCT WITH CO AND LENDERS

* UNDER AGREEMENT, LENDERS TO SETTLE ALL OBLIGATIONS UNDER SYNDICATED LOAN OF RMB4.45 BILLION

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