Brief: China Aviation Oil (Singapore) Corp Makes Announcement On Litigation

China Aviation Oil (Singapore)

20/08/2020 11:29

Aug 20 (Reuters) - China Aviation Oil (Singapore)
Corporation Ltd  CNAO.SI :
    * ON 28 JULY, CO WAS SERVED WITH WRIT OF SUMMONS BY BANQUE
DE
COMMERCE ET DE PLACEMENTS SA, DIFC BRANCH
    * WRIT OF SUMMONS IN RELATION TO CLAIM UNDER DOCUMENTARY
LETTER OF
CREDIT DATED 23 JAN 2020
    * WILL REFUTE ANY AND ALL OF BCP ALLEGATIONS, AS WELL AS
BCP'S
CLAIM MADE AGAINST CO
    * BCP'S CLAIM NOT EXPECTED TO HAVE MATERIAL IMPACT ON CO'S
EPS AND
NTA PER SHARE FOR FY ENDING 31 DEC 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ4N9RmF
Further company coverage:  CNAO.SI 

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