Shanghai Electric Group Co Ltd SSE:601727:

  • ON 30 JUNE CO RECEIVED AWARD ISSUED BY SIAC FOR 2ND ARBITRATION DISMISSING ALL SUBSTANTIVE CLAIMS BROUGHT BY OXAGON ENTERPRISES

  • OXAGON IS ORDERED TO FORTHWITH PAY CO $1.3 MILLION IN LEGAL COSTS, EXPERT COSTS, OTHERS

  • THERE IS STILL UNCERTAINTY ABOUT IMPACT ON CO'S CURRENT OR SUBSEQUENT PROFITS