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    8047 — China Ocean Development News Story

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    Brief: China Ocean Group Development Announces On Arbitration

    Picture of China Ocean Development logoChina Ocean Development
    19/02/2024 01:22
    Feb 19 (Reuters) - China Ocean Group Development Ltd
 8047.HK :
    * ANNOUNCEMENT ON ARBITRATION
    * UNDER ARBITRAL AWARD RENDERED, CO AND INDIVIDUALS BREACHED
SUBSCRIPTION AGREEMENT
    * BOARD OF PRELIMINARY VIEW THAT ARBITRAL AWARD HAS NO
MATERIAL
ADVERSE IMPACT ON BUSINESS, GENERAL OPERATIONS OF GROUP
    * BUSINESS OPERATIONS CONTINUE AS USUAL IN ALL MATERIAL
RESPECTS

Source text for Eikon:  ID:n11070692-1 
Further company coverage:  8047.HK

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