Brief: Onde Discontinues Road 152 Construction Works Project Due To Material Price Rise

Onde SA

01/04/2022 17:47

April 1 (Reuters) - Onde SA  ONDP.WA :
    * DECIDES TO DISCONTINUE PROJECT ON CONSTRUCTION OF SECTION
OF
ROAD NUMBER 152
    * DECISION DUE TO SIGNIFICANT INCREASE IN MATERIAL PRICES
SINCE
PLACING OFFER
    * DECISION MADE FOLLOWING AGREEMENT WITH INVESTOR AND
COMPANY
EXPECTS NO PENALTIES OR OTHER LIABILITIES

Source text for Eikon:  ID:nEM4Pxldta 
Further company coverage:  ONDP.WA 

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