Reuters reported that a developer controlled by Malaysian Quek Leng Chan said it is disputing the legality of a deal by Shenzhen Development Bank Co., Ltd., to recover 1 billion yuan ($143 million) in loans. The Company said it had reached a settlement with three companies on a lawsuit involving 1.5 billion yuan of overdue loans, with Beijing Donghua Real Estate Development Co agreeing to repay 1 billion yuan by the end of 2009.