Brief: China Fibretech updates on customer claims

Raffles Infrastructure Holdings

27/09/2016 20:21

Sept 28 (Reuters) - China Fibretech Ltd  CHFI.SI - 
    * Company had received further notices from three customers 
on 26 september 2016 
    * Noted that each of claimants have requested company to 
settle compensation claims by 28 september 2016 
    * If compensation payment is not made by 28 september 2016, 
company shall pay alleged economic loss incurred by claimants 
    * And claimants have agreed to conduct another testing on 
products processed by company 
    * Trading of company shares will continue to be suspended 
until further notice 
 
Source text for Eikon:  ID:nSNbBmxxk  
Further company coverage:  CHFI.SI  
 
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