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Tongkah Harbour PCL Announces Lawsuit Between Subsidiary Tungkum Limited and Deutsche Bank


Tuesday, 12 Nov 2013 05:08am EST 

Tongkah Harbour PCL announced that Tungkum Limited, a 98.03% owned subsidiary of the Company, had submitted a court case against Deutsche Bank at The Center Intellectual Property and International Trade Court with the matter of loan, violation, voidance and reclaim for the black case entry no. GORKOR 175/2555. The court ordered Tungkum Limited and Deutsche Bank to settle the case under the arbitration. On November 11, 2013 the Company has appealed such order to The Center Intellectual Property and International Trade Court. 

Company Quote

24.425
-0.245 -0.99%
15 Aug 2014