Asia
SKSHU Paint's Subsidiary to Receive 6.25 Million Yuan Settlement in Sales Dispute Case
SKSHU Paint's (SHA:603737) subsidiary, Fujian SKSHU Building Materials, agreed to receive a 6.25 million yuan settlement from Yunnan Construction Investment Steel Structure over a sales dispute case, according to a Shanghai bourse filing on Tuesday.SKSHU Building Materials previously sought 7.05 million yuan in unpaid dues when it sued Yunnan Construction at the People's Court of Songming County, Yunnan Province, China in April, but later reduced its claims.The coating products manufacturer's shares dropped 4% at the close.
SHA:603737
