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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Arc Capital | LSE:ARCH | London | Ordinary Share | KYG0450H1002 | ORD USD0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.265 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2019 to Dec 2024
TIDMARCH
RNS Number : 9011K
ARC Capital Holdings Limited
21 April 2015
21 April 2015
For Immediate Release
ARC Capital Holdings Limited
Update on Enforcement of Jiadeli Award
On 1 December 2014, ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) announced that it had been notified that the HNA Group had filed an application to the Beijing Second Intermediate Court requesting that the award previously made on 3 June 2014 be set aside. As a result of this application, the enforcement of the award had been suspended.
The Board is pleased to announce that on 20 April 2015 the Beijing Second Intermediate Court rejected the HNA Group's claim to set aside the arbitral award. The Court's ruling on this matter is final. The Company's legal advisers are currently liaising with the Shanghai First Intermediate Court to push forward the enforcement of the arbitral award.
Further updates will be provided in due course.
Enquiries
For further information, please contact:
ARC Capital Holdings Limited
Alpay Ece / Sean Hurst
Tel: +44 (0)20 7845 5950
Edmond de Rothschild Securities (UK) Limited
William Marle
Tel: +44 (0)20 7845 5950
John Armstrong-Denby
Tel: +44 (0)20 7845 5950
Hiroshi Funaki
Tel: +44 (0)20 7845 5960
Grant Thornton UK LLP, Nominated Adviser
Philip Secrett
Tel: +44 (0)20 7383 5100
philip.j.secrett@uk.gt.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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