IMF 0.28% $3.60 imf bentham limited

News: IMF IMF Bentham Announces Settlement Of Case Against Ashley Services Group

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    Dec 24 (Reuters) - Imf Bentham Ltd (IMF) :

    • ANNOUNCES NON-BINDING HEADS OF AGREEMENT PROPOSAL TO SETTLE SECURITIES CLASS ACTION IN FEDERAL COURT AGAINST ASHLEY SERVICES GROUP
    • HEADS OF AGREEMENT RECORDING A PROPOSAL TO SETTLE SECURITIES CLASS ACTION COMMENCED IN FEDERAL COURT AGAINST ASH SIGNED BY ALL PARTIES
    • EXPECTS TO RECOGNISE REVENUE FROM THIS INVESTMENT OF ABOUT RANGE OF $6.3 MILLION TO $7.2 MILLION
    • EXPECTS TO RECOGNISE PROFIT AFTER CAPITALISED OVERHEADS OF ABOUT $3.4 MILLION TO $4.2 MILLION FROM INVESTMENT

    Source text: (http://bit.ly/2CveIJI)

    (([email protected];))

 
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