The PCH Group (PCH) has decided to settle a claim against its former subsidiary, Finn International.
It is understood that the claim against Finn was in the vicinity of $1.2 million although initially Finn's legal advice was that the claim should be vigorously defended and a counterclaim in the vicinity of $700,000 lodged.
The amount of PCH's financial contribution in settlement of the matter was fully provided for in the accounts at 31 December 2002. Finn International is no longer a subsidiary of the PCH Group.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.
This industry-wide report aims to understand current cost levels across the energy industry
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
