Brief: Tempus Holdings Says Arbitral Award For Dispute Granted By Shenzhen Court Of International Arbitration

Tempus Holdings

27/07/2022 14:35

July 27 (Reuters) - Tempus Holdings Ltd  6880.HK :
    * ARBITRAL AWARD FOR DISPUTE HAS BEEN GRANTED BY SHENZHEN
COURT OF
INTERNATIONAL ARBITRATION ON 15 JULY
    * TEMPUS LOGISTICS SHALL REPAY AMOUNT AS SPECIFIED IN
ARBITRAL
AWARD
    * RESPONDENTS IN DISPUTE SHALL BE JOINTLY LIABLE FOR
PRINCIPAL
AMOUNT AND INTERESTS WITHIN LIMIT OF RMB1,700 MILLION
    * CONFIRMS THAT UP TO JULY 27, ARBITRAL AWARD HAS NO
MATERIAL
ADVERSE IMPACT ON BUSINESS AND GENERAL OPERATIONS OF CO

Further company coverage:  6880.HK 

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