Brief: Hainan Meilan International Airport Says Received Arbitration Award In Respect Of Second Phase Of Arbitration (Being Final Award For Such)

Hainan Meilan International Airport

05/07/2024 16:18

July 5 (Reuters) - Hainan Meilan International Airport
 0357.HK :
    * RECEIVED ARBITRATION AWARD IN RESPECT OF SECOND PHASE OF
ARBITRATION (BEING FINAL AWARD FOR SUCH)
    * REFERS TO AERO INFRASTRUCTURE CLAIMS LOSSES NOT EXCEEDING
HK$6,962 MILLION FOR DISPUTE ARISING FROM SUBSCRIPTION DEAL
    * IN ARBITRATION, CO TO PAY DAMAGES & RELEVANT ARBITRATION
FEES OF
HK$298.8 MILLION IN AGGREGATE, OTHERS

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 ((Reuters.Briefs@thomsonreuters.com;))