The 'draft' award has already been submitted to SIAC... the SIAC have already reviewed the draft award (the more than 3 weeks time frame we were given) and handed it back to the Arbitrator to review / finalise ? I expect it early next month unless there are numerous 'amendments' by the SIAC that the Tribunal (Arbitrator) is not happy with ?
“We note that the Tribunal submitted the draft award to SIAC, and we have now returned the same to the Tribunal today. Once the Tribunal has reviewed SIAC’s comments and has finalized the award, we will issue it to the Parties.”
I also assume that this notice was sent after market last night given it is 6.30am in Singapore at present and I am not sure many would be in the office ?
POH Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)