Brief: Sakae updates on matters concerning the company's associate companies

Sakae Holdings

22/12/2015 10:33

Dec 22 (Reuters) - Sakae Holdings Ltd  SAKA.SI : 
* Matters concerning the company's associate companies - Griffin Real Estate Investment Holdings and Gryphon Capital Management 
* Says erc unicampus recently sold big hotel to a third party 
* Company has calculated the amount that should be restrained as being in the region of $33 million 
* Injunction and the amount are being contested by erc unicampus 
 
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