Hirco Share Discussion Threads

[lbo] 13/1/2018 15:30

https://twitter.com/namawinelake/status/951789322885267456

[lbo] 29/3/2017 12:10

https://www.ft.com/content/8d308396-53fb-11e6-befd-2fc0c26b3c60

[praipus] 16/11/2016 13:20

Thanks LBO, sadly no surprise there.

[landay] 10/8/2016 12:27

game not neccessarily over

"The Final Award additionally ordered HHL to pay Mr. Hiranandani ‘s legal
fees and costs in connection with the arbitration. The Final Award does not address the breach of duty claims Hirco Plc currently has pending against Mr. Hiranandani and his daughter in the Isle of Man.

Shareholders are reminded that Mr. Hiranandani, not Hirco, commenced the Singapore arbitration and that HHL had unsuccessfully moved for the Singapore arbitral proceeding to be stayed in favor of the court proceeding in the Isle of Man because that court, unlike the Arbitral Tribunal, had jurisdiction over all parties and claims. The Isle of Man court had also requested that the Arbitral Tribunal stay the arbitration in favor of a judicial determination.

The Final Award is in excess of 400 pages and is under review by the Board and our lawyers. The Board will provide shareholders with further information in due course."

Very truly yours,
The Board

[scburbs] 30/11/2015 12:30

Final arguments have been made in Singapore as of 17 November 2015. Timing for decision (which no doubt will be appealed either way) is unclear.

hxxp://www.hircoplc.com/wp-content-hrc/uploads/2015-Nov-Hiranandani-Legal-Proceedings-Update-.pdf

Hirco's opening submission is here and makes interesting reading!

hxxp://www.hircoplc.com/wp-content-hrc/uploads/homepage/Hirco%20written%20opening%20submission.pdf

[fox you] 23/8/2015 17:32

SO WHAT WILL THE CO BE WORHT IF STORY TRUE AND DOSH FOUND?

[kramch] 29/7/2015 09:59

I have just spoken to Philip Scales who referred me to the website, (there will be no more RNS's as the company has delisted).
Litigation against the Hiranandani's is going on in the Isle of Man, and they also have an arbitration case in Singapore against them. The directors have not given up.

Regular updates on the website would be reassuring.

K.

[lbo] 28/7/2015 20:28

For further information please contact:IOMA Fund and Investment Management Limited Philip Scales, Company Secretary+44 (0) 1624 681335

[praipus] 16/3/2015 15:58

Thanks LBO amazing....

[praipus] 15/1/2015 11:31

Thanks LBO no talk of the missing $300m?

[praipus] 03/12/2014 17:08

Thanks LBO please keep the news rolling in.

[praipus] 13/10/2014 16:43

Thanks scburbs, $300 m in damages would be useful.