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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 : 6764S
ARC Capital Holdings Limited
09 July 2015
9 July 2015
For Immediate Release
ARC Capital Holdings Limited
Update on Orient Home Arbitration Award
ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) announces that it has been advised that Orient Home Co., Ltd ("Orient Home") has filed an application with the Beijing Second Intermediate Court to set aside the award which was previously made by the China International Economic and Trade Arbitration Commission ("CIETAC") in favour of Shanghai C.P. Jing Cheng Enterprise Development Co. Ltd. ("Shanghai CP JC") (a subsidiary of ARCH) on 16 June 2015 in respect of the refund of a RMB480 million deposit relating to the acquisition of a majority stake in Orient Home Industrial Co., Ltd ("Orient Home Property") in December 2010.
Further updates on this matter 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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