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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 |
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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