You are here

Home > Companies & Markets

China International unit pays settlement to avoid dispute

Mon, Jan 01, 2018 - 5:50 AM
sandrea@sph.com.sg@AndreaSohBT

Singapore

CHINA International Holdings had agreed to enter into a settlement agreement of 105 million yuan (S$21.6 million) despite believing that the claim is "baseless and unmerited", so as to avoid a protracted dispute with the municipal and district governments in China.

It...

sentifi.com

Market voices on:

Companies & Markets

Hyflux says S$535m rescue deal is Utico's valuation; deal still on the table

CCT to lease out entire 21 Collyer Quay office tower to WeWork after HSBC moves out

Maxi-Cash to issue new S$50m 6.35% 3-year notes at par

CapitaLand Commercial Trust DPU up 1.9% to 2.2 S cents for Q2

CCT to buy German office building from CapitaLand, Lum Chang for 133.4m euros

Frasers Property secures novel A$500m green loan for two Singapore properties

Editor's Choice

BT_20190717_PGLAWSUIT_3837020.jpg
Jul 17, 2019
Companies & Markets

Prudential Singapore sues former top manager for up to S$2.5b

BT_20190717_JLBOS_3837019.jpg
Jul 17, 2019
Banking & Finance

Discretionary portfolios finding favour with Bank of Singapore clients

BP_Hyflux_170719_12.jpg
Jul 17, 2019
Companies & Markets

Utico says Hyflux rescue deal may be worth up to S$535 million

Most Read

1 Hong Kong turmoil has millionaires eyeing other wealth havens like Singapore
2 Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 244 agents
3 Singapore Shopping Centre on en bloc market with S$255m reserve price
4 New tripartite initiative to help Singapore firms hire persons with disabilities
5 How can blockchain help create better public services?
Purchase this article as republication.

Must Read

BP_NODX_170719_46.jpg
Jul 17, 2019
Government & Economy

Singapore exports post 4th month of double-digit decline with 17.3% plunge in June

doc769b3f6t6cmsdi16c0e_doc7435y7vlc3aprpmyhj9.jpg
Jul 17, 2019
Government & Economy

Daily Debrief: What Happened Today

BP_Go-Jek_170719_62.jpg
Jul 17, 2019
Garage

Visa invests undisclosed amount in Gojek’s Series F round

Jul 17, 2019
Companies & Markets

CCT to lease out entire 21 Collyer Quay office tower to WeWork after HSBC moves out

subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly