Brief: Manfield Chemical Holdings' Unit Submits Arbitration Application On Deal With Teknos

Pan Asia Data Holdings

01/10/2018 12:31

Oct 1 (Reuters) - Manfield Chemical Holdings Ltd  1561.HK :
    * UNIT SUBMITS ARBITRATION APPLICATION TO SHANGHAI
INTERNATIONAL
ECONOMIC & TRADE ARBITRATION COMMISSION ON DEAL WITH TEKNOS
    * APPLICATION REQUESTS TEKNOS GROUP OY TO PAY AGREED PRICE
TO UNIT
& COMPENSATE EXPENSES FOR ARBITRATION WORTH HK$1.1 MILLION
    * TOTAL CONSIDERATION FOR POSSIBLE DISPOSAL PAYABLE IS
HK$32.8
MILLION

Source text for Eikon:  ID:nHKSht6R4 
Further company coverage:  1561.HK 

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