Brief: FFI Holdings Accepted An Offer Of $9.95 Million As Compensation

FFI Holdings

19/04/2021 01:37

April 19 (Reuters) - FFI Holdings Ltd  FFI.AX :
    * ACCEPTED AN OFFER OF $9.95 MILLION AS FULL AND FINAL
SETTLEMENT
OF CLAIM FOR COMPENSATION
    * COMPENSATION REGARDING COMPULSORY ACQUISITION OF CO'S LAND
HOLDINGS BY MAIN ROADS OF WESTERN AUSTRALIA
    * FFI HOLDINGS SEES CONTRIBUTION TO PROFIT BEFORE INTEREST
AND TAX
OF ABOUT $1.6 MILLION FROM COMPENSATION IN CURRENT FY

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Further company coverage:  FFI.AX 

 (Reuters.briefs@thomsonreuters.com)