ARC Capital Holdings Limited Update on Enforcement of Jiadeli Award (5150Y)
02 December 2014 - 2:12AM
UK Regulatory
TIDMARCH
RNS Number : 5150Y
ARC Capital Holdings Limited
01 December 2014
1 December 2014
ARC Capital Holdings Limited
Update on Enforcement of Jiadeli Award
ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) announces that
on 26 November 2014, it was notified that HNA Group filed an
application to Beijing Second Intermediate Court on 13 November
2014 to set aside the awardpreviously made on 3 June 2014. In light
of the application made by HNA Group, the enforcement of the award
is suspended.
A further announcement will be made in due course in respect of
any material developments on this matter.
For more information please contact:
ARC CAPITAL HOLDINGS LIMITED:
Steve Feniger, Chairman of the Board
E: steve.feniger@gmail.com
NOMINATED ADVISER:
Philip Secrett, Grant Thornton UK LLP
T: (44) 20 7383 5100
E: philip.j.secrett@uk.gt.com
BROKER:
David Benda / Hugh Jonathan, Numis Securities Limited
T: (44) 20 7260 1000
E: d.benda@numiscorp.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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