Brief: Asiatic Group Says 2 Units Started Arbitration Proceedings Against Phnom Penh Special Economic Zone

Asiatic (Holdings)

19/11/2020 10:27

Nov 19 (Reuters) - Asiatic Group (Holdings) Ltd  ATIC.SI :
    * 2 UNITS STARTED ARBITRATION PROCEEDINGS AGAINST PHNOM PENH
SPECIAL ECONOMIC ZONE PLC
    * COLBEN AND CEZH ARE SEEKING RELIEF IN ARBITRATION FOR
MINIMUM OF
US$14.41 MILLION IN DAMAGES
    * ARBITRATION REGARDING DISPUTE ARISING OUT OF OR IN
CONNECTION
WITH A POWER PLANT PROJECT IN PHNOM PENH SPECIAL ECONOMIC ZONE,
CAMBODIA

Source text for Eikon:  urn:newsml:reuters.com:*:nSN96jBSW
Further company coverage:  ATIC.SI 

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