Brief: Bay Area Gold Group Announces Update On Arbitration Proceeding

Bay Area Gold

14/07/2021 15:19

July 14 (Reuters) - Bay Area Gold Group Ltd  1194.HK :
    * BAY AREA GOLD GROUP LTD - UPDATE ON ARBITRATION PROCEEDING
    * BAY AREA GOLD - REFERS ARBITRATION FILED WITH BEIJING
ARBITRATION COMMISSION/BEIJING INTERNATIONAL ARBITRATION CENTER
(BIAC)
    * BAY AREA GOLD -  CO RECEIVED HONG KONG ORDER THAT GRANTED
LEAVE
TO APPLICANT/LENDER TO ENFORCE ARBITRAL AWARD MADE BY BIAC
    * BAY AREA GOLD GROUP LTD -  ORDER OF HIGH COURT TO SAME
EFFECT CO
DO PAY TO APPLICANT PRINCIPAL IN SUM OF HK$100 MILLION, AMONG
OTHERS
    * BAY AREA GOLD GROUP LTD - IS IN PROCESS OF SEEKING LEGAL
ADVICE
IN RESPECT OF HONG KONG ORDER

Source text for Eikon:  ID:nHKS3sj9QT 
Further company coverage:  1194.HK 

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