Brief: Pacific Radiance Updates On Arbitration Proceedings For Rescission Of Shipbuilding Contracts
18/10/2019 12:42
Oct 18 (Reuters) - Pacific Radiance Ltd PACI.SI :
* UPDATES ON ARBITRATION PROCEEDINGS FOR RESCISSION OF
SHIPBUILDING CONTRACTS FOR TWO PLATFORM SUPPLY VESSELS
* PACIFIC RADIANCE - HONG KONG INTERNATIONAL ARBITRATION
CENTRE
MADE AN AWARD AGAINST CA OFFSHORE INVESTMENT AMOUNTING TO US$4.6
MILLION
* FINANCIAL IMPACT TO GROUP WOULD BE AN IMPAIRMENT OF
GROUP'S
INTEREST IN CA OFFSHORE INVESTMENT
Source text for Eikon: ID:nSNZ34WnBp
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