May 24 (Reuters) - Sigma Healthcare Ltd (SIG) :
- Sigma has now decided to commence legal proceedings against My Chemist/Chemist Warehouse Group
- Has been in discussions in relation to operation of certain aspects of current supply agreement with My Chemist/Chemist Warehouse Group
- Offers of mediation and binding arbitration were also proposed but were rejected by MC/CW.
- Remedies to be sought by Sigma include declarations and injunctions for specific performance of agreement
- If MC/CW acts in accordance with their stated intention, impact on Sigma's EBIT is expected to be approximately $5m - $10m per annum
- "Current year underlying EBIT could be up to 5% below FY2016/17"
- "Ongoing legal costs will also impact earnings"
News: SIG Sigma Healthcare decides to commence legal proceedings against My Chemist/Chemist...
-
- There are more pages in this discussion • 119 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.88 |
Change
0.040(1.41%) |
Mkt cap ! $33.24B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.91 | $2.85 | $23.35M | 8.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 158797 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 77544 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| SIG (ASX) Chart |