Brief: Straco Corp Says Straco Leisure Notified By Singapore International Arbitration Centre
03/06/2021 16:08
June 3 (Reuters) - Straco Corporation Ltd STRA.SI :
* STRACO CORP- STRACO LEISURE NOTIFIED BY SINGAPORE
INTERNATIONAL
ARBITRATION CENTRE THAT INSURANCE CLAIMS AWARD ISSUED IN ITS
FAVOUR
* STRACO CORPORATION LTD - AWARD INCLUDES S$8.2 MILLION FOR
BUSINESS LOSS OR LOSS OF PROFITS FROM MACHINERY BREAKDOWN
* STRACO- AWARD OF INSURANCE CLAIM TO HAVE POSITIVE MATERIAL
FINANCIAL IMPACT ON GROUP'S FY RESULTS
Source text for Eikon: ID:nSN3wgn6c
Further company coverage: STRA.SI
(Reuters.briefs@thomsonreuters.com)
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