BRIEF-Keppel Issues Notice Of Arbitration To Commence Arbitration Proceedings Against Seatrium

Reuters
Aug 26
BRIEF-Keppel Issues Notice Of Arbitration To Commence Arbitration Proceedings Against <a href="https://laohu8.com/S/5E2.SI">Seatrium</a>

Aug 26 (Reuters) - Keppel Ltd KPLM.SI:

  • NOTICE OF ARBITRATION ISSUED TO COMMENCE ARBITRATION PROCEEDINGS AGAINST SEATRIUM FOR CLAIM AMOUNT

  • CO'S INDEMNITY CLAIM AGAINST SEATRIUM WOULD THEREFORE AMOUNT TO S$68.4 MILLION

  • INDEMNITY CLAIM AGAINST SEATRIUM WOULD THEREFORE AMOUNT TO S$68.4 MILLION

  • PURSUANT TO FINAL LENIENCY DEALS, SEATRIUM ANNOUNCED IT IS REQUIRED TO PAY AGGREGATE FINAL SETTLEMENT PAYMENT OF BRL 728.9 MILLION

Further company coverage: KPLM.SI

((Reuters.Briefs@thomsonreuters.com;))

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