Sunac Group has filed for arbitration with the China International Economic and Trade Arbitration Commission against Dalian Wanda Group Co., Ltd., concerning an earlier strategic investment agreement between Sunac and Dalian Wanda Commercial Management Group Co., Ltd. (hereinafter referred to as 'Wanda Commercial Management'). Sunac is requesting Wanda Group and Wanda Commercial Management to pay the corresponding share repurchase amount. According to informed sources, the arbitration application has now been accepted.
融创对万达集团提起仲裁 要求其支付95亿元万达商管战略投资回购款
Sunac has initiated arbitration against Wanda Group, requesting the payment of 9.5 billion yuan for the strategic investment repurchase amount.
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