WEC 0.00% 4.8¢ white energy company limited

Ann: Review of Investment in Mountainside Coal, page-14

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  1. 155 Posts.
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    I've read the judgement, its located here for anyone interested.

    http://www.sicc.gov.sg/HearingsJudgments.aspx?id=72

    Summary is they've basically ruled tranche 2 in WEC's favour.  Bayan stated they didn't feel even if they'd breached the JV requirements there was any damages or if so they would be nominal (i.e for a period of 3-4 months).  The courts think otherwise and are looking at any compensation and damages if applicable in tranche 3, its to be heard within 30 days.
    Last edited by 1q2w3e4r: 26/07/17
 
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