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China International unit pays settlement to avoid dispute

Mon, Jan 01, 2018 - 5:50 AM

Andrea Sohsandrea@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...

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