Brief: Bgmc International Updates On Litigation Regarding Disposal Of Interest In 95% Ordinary Shares Of Bgmc Bras Power
16/08/2022 16:21
Aug 16 (Reuters) - BGMC International Ltd 1693.HK :
* UPDATES ON LITIGATION IN RELATION TO VERY SUBSTANTIAL
DISPOSAL
OF INTEREST IN 95% ORDINARY SHARES OF BGMC BRAS POWER
* ON 11 AUGUST, PARTIES TO SUIT ENTERED INTO SETTLEMENT
AGREEMENT
* GROUP DOES NOT HAVE ANY ADDITIONAL FINANCIAL OBLIGATIONS
FOR
SETTLEMENT DEAL EXCEPT BGMC CORP'S REPAYMENT TO SPARKS ENERGY 1
Further company coverage: 1693.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on BGMC International
See all newsBrief: BGMC International's Unit Enters Heads Of Terms For Renewable Energy Joint Venture In Malaysia
Brief: BGMC International Says Co Announces Disposal Of Shares By Controlling Shareholder
Brief: BGMC International Expects Unaudited Net Loss Attributable Of 24.4 MLN RGT For HY
Brief: Bgmc International To Place Maximum Of 3.6 Million Shares
Brief: BGMC International To Issue 7.5 Mln AP Capitalisation Shares