Brief: Punj Lloyd Says Pengeramg Refining Invoked Performance Bond For Project Awarded To Co's JV And Malaysia Unit
14/01/2019 11:30
Jan 14 (Reuters) - Punj Lloyd Ltd PUJL.NS :
* PENGERAMG REFINING CO INVOKED PERFORMANCE BOND OF $58.1
MILLION
FOR PROJECT AWARDED BY PRC TO CO'S JV AND UNIT IN MALAYSIA
* ACHIEVED MORE THAN 99% OF MECHANICAL AND FINANCIAL
COMPLETION OF
PROJECT
* CO HAS TAKEN UP MATTER WITH PRC FOR REFUND OF BOND AMOUNT
Source text: http://bit.ly/2HeiATY
Further company coverage: PUJL.NS
((Reuters.Briefs@thomsonreuters.com;))
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