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settlement agreement

Shareholders in Brazil demand Petrobras match US$3 bil US settlement

RIO DE JANEIRO (Jan 5): Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to US shareholders in a US$2.95 billion ($3.9 billion) settlement, a lawyer told Reuters

Broker's Calls

Positive upside seen for Viva Industrial Trust after crossing liquidation hurdle

SINGAPORE (May 23): RHB and OCBC Investment Research are reiterating their “buy” calls on Viva Industrial Trust (VIT) after the trust this morning announced that it had reached a settlement agreement with Jackson Private Limited (JIPL) and its directo

Shipyards to refund instalments to Pacific Radiance in settlement

SINGAPORE (Sept 7): Pacific Radiance says subsidiary Pacific Crest has reached a settlement agreement with Shanghai Waigaoqiao Shipbuilding & Offshore Co and China Shipbuilding Trading Shanghai Co on Tuesday.

Swiber Holdings proposes wind up, directors step down

SINGAPORE (July 28): Swiber Holdings says it has filed for an application on Wednesday to wind up the company, and that its directors have resigned.
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