根据强制执行和解协议，在满足以下所载和解的先决条件的前提下，贷款人同意按银团贷款本金金额人民币44.52亿元及应计逾期利息(统称“和解金额”)的金额偿付被强制执行人及公司在银团贷款项下的所有义务(和解)。贷款人进一步同意，除和解金额外，被强制执行人与贷款人之间概无其他义务。上述和解包括(其中包括)(i)被强制执行人于调解书项下的所有义务均被视为已完全履行，且贷款人与被强制执行人于相关法律诉讼中再无进一步争议;及(ii)公司于判决书项下的所有义务被视为已完全履行，且贷款人与公司就相关法律诉讼并无进一步争议，且贷款人不得对公司採取强制执行。SRE Group (01207) issued an announcement, the board of directors hereby provides...
Financial APP reported that SRE Group (01207) issued an announcement, the board of directors hereby provides the latest information on the enforcement of the arbitral award (i.e. Execution Arbitral Award No.(2024)Hu 74 Zhi 1509 dated September 12, 2023); the mediation award (i.e. Civil Mediation Award No.(2022)Hu 74 Min Chu 2987); and the judgment (i.e. Civil Judgment No.(2023)Hu 74 Min Chu 875 dated September 23, 2024).
Shanghai Jinxin, Zhongchong Group Limited (Zhongchong Group), and several affiliated companies (namely Jiaqin Investment Co., Ltd., Shanghai Oasis Garden Real Estate Co., Ltd., Shanglian Investment Co., Ltd., and Shangzhi Jiaye Real Estate Development (Shanghai) Co., Ltd.) (collectively referred to as the "Judgment Debtors") have entered into a compulsory execution settlement agreement (compulsory execution settlement agreement) with the company and lenders (namely Industrial and Commercial Bank of China Shanghai Waitan Branch, Agricultural Bank of China Shanghai Jing'an Branch, China Construction Bank Shanghai Huangpu Branch, and Shanghai Pudong Development Bank Huangpu Branch) on October 28, 2024.
According to the compulsory execution settlement agreement, subject to the fulfillment of the following conditions precedent, the lenders agree to pay the judgment debtors and the company all obligations under the syndicated loan in the amount of RMB 4.452 billion, together with accrued overdue interest (referred to as the "Settlement Amount"). The lenders further agree that apart from the Settlement Amount, there shall be no further obligations between the judgment debtors and the lenders. The settlement includes (including) (i) all obligations of the judgment debtors under the mediation award are deemed fully performed, and there shall be no further disputes between the lenders and the judgment debtors in related legal proceedings; and (ii) all obligations of the company under the judgment are deemed fully performed, with no further disputes between the lenders and the company in related legal proceedings, and the lenders shall not enforce against the company.
According to the compulsory execution settlement agreement, the lenders shall apply to the relevant court to withdraw the auction of the target equity shortly after the effective date of the compulsory execution settlement agreement. The company has noted that, based on information from the auction platform, the auction of the target equity mentioned in the auction notice has been temporarily suspended due to the settlement reached by all parties.
In addition, the company's shares will continue to be suspended.
