vested
14 May 2018
BBRNA Litigation Update
False and misleading representations made to the Company in respect of its investments in railcar portfolios:-
Further to the Previous Announcement, the Board wishes to announce that the Company
has reached an amicable settlement in relation to the Proceedings.
The Company expects to receive net proceeds of approximately A$6.7 million from the Proceeding. This will represent earning per share of 0.40 Singapore cents based on the present issued capital of 1,696.30 million shares.
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