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IPSA Ipsa Grp

1.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ipsa Grp LSE:IPSA London Ordinary Share GB00B0CJ3F01 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

IPSA Group PLC Outcome of Hearing in Malaysia (0788O)

04/02/2016 10:00am

UK Regulatory


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TIDMIPSA

RNS Number : 0788O

IPSA Group PLC

04 February 2016

IPSA Group PLC

("IPSA" or the "Company")

Outcome of Hearing in Malaysia

IPSA announces that the adjourned hearing took place yesterday in the Federal Court of Malaysia of the final appeal brought by Iris Eco Power Sdn Berhad ("Iris") to allow the Malaysian courts to have jurisdiction over the case for the return of the non-refundable deposit paid in Iris's aborted purchase of the two 701DU turbines. Iris's appeal was rejected bringing to a close any further attempts by Iris to seek jurisdiction in the Malaysian courts over the case for the return of the deposit, which was non-refundable under English law.

For further information contact:

 
 Mark Otto, Acting CEO 
  IPSA Group PLC                   +27 (84) 219 2000 
 
   James Joyce / James Bavister      +44 (0) 20 7220 
   W H Ireland Ltd                   1666 
 
   Riaan van Heerden, 
   PSG Capital (Pty) Ltd.            +27 (0) 21 887 9602 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLIFSAFVISIIR

(END) Dow Jones Newswires

February 04, 2016 05:00 ET (10:00 GMT)

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