China Environment unit loses civil suit, ordered to pay loan plus interest
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Nisha Ramchandani
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Singapore
CHINA Environment's wholly owned subsidiary Fujian Dongyuan Environmental Protection Co (FJDY), has lost a civil suit brought by Zhongxin Bank in China.
On Nov 2 last year, FJDY had received a letter from the bank, claiming repayment of overdue interest for a loan.
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