TPE:3018

2 stories mentioning TPE:3018

Every FINWIRES story that references TPE:3018, newest first.

Lung Ming Green Energy Settles Arbitration Dispute with Hung Sheng Construction

Lung Ming Green Energy Technology Engineering (TPE:3018) reached a formal settlement with Hongsheng Construction to resolve an arbitration dispute related to work on the Taoyuan Airport MRT A14 station project.Under the agreement, Lung Ming will pay NT$55 million by July 20 to recover two bank guarantee checks with a combined face value of NT$194.9 million and seek cancellation of a bounced-check record, according to a Monday Taiwan Exchange filing.The company said the settlement is not expected to have a material impact on its financial condition or operations.

TPE:3018

Asia10d ago

Lung Ming Green Energy Settles Subcontract Dispute with Hongsheng Construction

Lung Ming Green Energy Technology Engineering (TPE:3018) signed a settlement deal with Hongsheng Construction at the Chinese Arbitration Association in Taipei, Taiwan.The case stems from a contract dispute regarding electrical and mechanical engineering works for the Taiwan Taoyuan International Airport MRT system.The company said the agreement is not expected to have a material impact on its financial position or operations.

TPE:3018