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3899 - CIMC Enric Holdings News Story

HK$6.06 0.1  1.3%

Last Trade - 2:43am

Sector
Energy
Size
Mid Cap
Market Cap £1.11bn
Enterprise Value £974.1m
Revenue £1.35bn
Position in Universe 845th / 6091

BRIEF-CIMC Enric Updates On Litigation In Relation To Acquisition Of Equity Interest Of Sinopacific Offshore & Engineering

Mon 15th June, 2020 10:44am
June 15 (Reuters) - CIMC Enric Holdings Ltd  3899.HK :
    * CIMC ENRIC- UPDATE ON LITIGATION IN RELATION TO
ACQUISITION OF
EQUITY INTEREST OF SINOPACIFIC OFFSHORE & ENGINEERING
    * CIMC ENRIC HOLDINGS - ENRIC SHENZHEN WON LITIGATION IN
FIRST
INSTANCE, PENDING DECISION OF SOEG ON WHETHER TO FILE APPEAL
    * CIMC ENRIC HOLDINGS LTD- AS AT JUNE 15, NO PROVISION FOR
LITIGATION HAS BEEN MADE IN ACCOUNTS OF GROUP
    * CIMC ENRIC- LITIGATION HAS NO MATERIAL ADVERSE IMPACT ON
NORMAL
COURSE OF PRODUCTION AND OPERATION OF GROUP

Source text for Eikon:  ID:nHKS8vlRn7 
Further company coverage:  3899.HK 

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