BURSA ANNOUNCEMENTS
Date : 17 July 2012
MATERIAL LITIGATION TALIWORKS CORPORATION BERHAD (“the Company”) - Arbitration between Hua Sheng Construction Group Co. Ltd (“Hua Sheng”) and Ningxia Eco Wastewater Treatment Co. Ltd (“Ningxia Eco”), a subsidiary of Taliworks Applicant : Hua Sheng Respondent : Ningxia Eco (hereinafter collectively referred to as “the Parties”)
TALIWORKS CORPORATION BERHAD |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | TALIWORKS CORPORATION BERHAD (“the Company”) - Arbitration between Hua Sheng Construction Group Co. Ltd (“Hua Sheng”) and Ningxia Eco Wastewater Treatment Co. Ltd (“Ningxia Eco”), a subsidiary of Taliworks Applicant : Hua Sheng Respondent : Ningxia Eco (hereinafter collectively referred to as “the Parties”) |
Further to the announcement made by the Company on 13th July 2012 in relation to the above matter, we wish to inform that the arbitral award is not expected to have a material financial impact on the financial results of the Group for the financial year ending 31st December 2012. This announcement is dated 17th July 2012. |
Announcement Info
Company Name | TALIWORKS CORPORATION BERHAD |
Stock Name | TALIWRK |
Date Announced | 17 Jul 2012 |
Category | General Announcement |
Reference No | CS-120717-95613 |