Brief: Ryobi Kiso updates on arbitration between Ryobi Kiso pte ltd and lum chang building contractors pte ltd

Lum Chang Holdings

15/01/2016 09:37

Jan 15 (Reuters) - Ryobi Kiso Holdings Ltd  RKHL.SI : 
 * Says update on arbitration between Ryobi Kiso pte ltd and lum chang 
   building contractors pte ltd 
 * The parties have reached an out-of-court settlement on mutually agreed terms 
 * Parties have terminated their respective claims against each other and reached out-of-court settlement on mutually agreed terms 
 * On 14 January 2016, parties obtained relevant information that entitled them to treat arbitration as having been formally concluded 
 * Refers to arbitration proceedings between Ryobi Kiso with lum chang building contractors, subsidiary of lum chang holdings ltd 
 * Says company is not able to disclose the terms of the settlement 
 * Source text (http://bit.ly/1OSIuIs) 
 
 
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