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BRIEF-Synertone Communication Corp Says Co And IPSTARCO Enter Settlement Agreement

Oct 12 (Reuters) - Synertone Communication Corp:

* CO AND IPSTARCO ENTERED INTO SETTLEMENT AGREEMENT

* SETTLEMENT AGREEMENT INCLUDES US$5 MILLION OUT OF TOTAL OUTSTANDING AMOUNT OF US$6.3 MILLION WHICH SHALL BE SETTLED BY WAY OF TRANSFER Source text for Eikon: Further company coverage: