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News: SXE Decmil Group Agreed Final Settlement Of Its Dispute With Southern Cross Electrical...

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    04/08/22
    11:15
    Post #: 62918401

    Aug 4 (Reuters) - Decmil Group Ltd (DCG) :

    • AGREED A FULL AND FINAL SETTLEMENT OF ITS DISPUTE WITH SOUTHERN CROSS ELECTRICAL ENGINEERING
    • DISPUTE REGARDING SUBCONTRACT BETWEEN PARTIES FOR WORKS AT RIO TINTO'S AMRUN MINE PROJECT
    • SETTLEMENT IS IN LINE WITH DECMIL'S ACCOUNTING POSITION
    • ARBITRATION PROCEEDINGS CONCERNING THIS DISPUTE WILL BE TERMINATED.
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