UPDATE 1-Saab says received first payment from Youngman

* Saab shares rise 20 pct, top Amsterdam gainerAMSTERDAM, OCT 13 - Struggling car maker Saab , which has been battling to stave off bankruptcy for months, said on Thursday it had received a first payment from Chinese partner Youngman and that further payments will be made by Oct. 22.The money is part of a 70 million euro ($97 million) loan secured by Zhejiang Youngman Lotus Automobile Co. that is intended to see Saab through a period of creditor protection until Chinese authorities approve a bigger investment by Youngman and China’s Pangda .Saab did not say how much money had been paid, but Swedish newspaper Dagens Industri reported on Wednesday that Saab had received about 100 million crowns ($15 million).Saab said further payments “are expected to be made during this week and by Oct. 22.”It added that it expects Youngman and Pangda Automobile Trade Co Ltd to receive Chinese approval for a planned 245 million euro equity investment “during the next weeks.”