December 19, 2017 / 1:36 AM / 10 months ago

BRIEF-Waterland Financial Holdings unit receives T$565 mln in settlement

Dec 19(Reuters) - Waterland Financial Holdings Co Ltd

* Says co’s unit International Bills Finance Corp is affiliated with Taiwan Securities and Commodities Securities (ABCP)Litigation in Taiwan High Court

* As both parties agreed to settle the dispute, the two parties have signed a settlement agreement recently and co’s unit has received T$565 million in settlement

* Says unit will withdraw the lawsuit from the Taiwan High Court

Source text in Chinese: goo.gl/sZwZBW

Further company coverage: (Beijing Headline News)

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