WHITE Energy subsidiary BCBCS intends to pursue an appeal in its claim for damages for wasted expenditure against the Indonesian Bayan Resources group after the Singapore International Commercial court found there would be no need for damages to be paid.
The SICC concluded that Bayan would have been able to take steps to put KSC into liquidation.
This was despite the court previously conclusively determining that Bayan had both breached and repudiated KSC joint venture agreements, which led to a long-running legal dispute. White Energy had...
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