Brief: BAM Says Dutch Authorities Investigate Some Projects Of BAM International

Koninklijke BAM Groep NV

17/10/2022 07:04

Oct 17 (Reuters) - Koninklijke BAM Groep NV  BAMN.AS :
    * DUTCH AUTHORITIES INVESTIGATE SOME PROJECTS OF BAM
INTERNATIONAL
    * FRIDAY 14 OCTOBER 2022, DUTCH FISCAL INFORMATION AND
INVESTIGATION SERVICE AND DUTCH PUBLIC PROSECUTIONS OFFICE HAVE
VISITED OFFICES OF BAM INTERNATIONAL BV IN GOUDA
    * BAM INTERNATIONAL WAS INFORMED THAT COMPANY IS SUBJECT OF
AN
INVESTIGATION RELATING TO POTENTIAL IRREGULARITIES AT SOME
ALREADY COMPLETED PROJECTS
    * BAM IS FULLY COOPERATING WITH INVESTIGATION
    * IN JULY 2020, BAM ANNOUNCED ITS INTENTION TO WIND DOWN BAM
INTERNATIONAL, GIVEN LACK OF A POSITIVE OUTLOOK

Further company coverage:  BAMN.AS 
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