Brief: MMG Ltd Announces Las Bambas Tax Update

MMG

05/09/2024 11:29

Sept 5 (Reuters) - MMG Ltd  1208.HK :
    * LAS BAMBAS TAX UPDATE
    * MLB HAS RECEIVED FAVOURABLE DECISIONS OF TAX COURT IN PERU
    * MLB IS ENTITLED INTEREST DEDUCTIONS ON LOANS FROM A
CONSORTIUM
OF CHINESE LENDER BANKS OF US$740 MILLION
    * MLB ENTITLED TO SHAREHOLDER LOAN FROM A SHAREHOLDER OF
MLB, MMG
SWISS FINANCE A.G., OF US$435 MILLION ACROSS 2016 AND 2017
    * REINSTATED TAX LOSSES FOR 2014 TO 2017 US$1,693 MILLION
WHICH
WILL REDUCE TAX LIABILITIES IN SUBSEQUENT YEARS
    * REINSTATED TAX LOSSES FOR 2014 TO 2017 AMOUNT TO US$1,693
MILLION

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