Brief: Chuan Hup Holdings Says High Court Found CH Biovest Liable To Pay S$2.3 Million
Feb 21 (Reuters) - Chuan Hup Holdings Ltd CHHS.SI :
* HIGH COURT FOUND CH BIOVEST LIABLE TO PAY S$2.3 MILLION
* SEEKING LEGAL ADVICE IN RELATION TO POSSIBILITY AND MERITS
OF
ANY APPEAL
* CH BIOVEST HAS MADE PAYMENT OF S$2.5 MILLION TO CLAIMANTS
* SUIT IS NOT LIKELY TO HAVE MATERIAL IMPACT ON FINANCIAL
POSITION
OF GROUP FOR CURRENT FY
Source text for Eikon: ID:nSN5r5jyR
Further company coverage: CHHS.SI
((Reuters.Briefs@thomsonreuters.com;))
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