White Energy awaits Singapore court's damages determination

WHITE Energy is still awaiting a determination from the Singapore International Commercial Court on the damages payable to its subsidiary BCBS after the court found Indonesian group Bayan had both breached and repudiated a joint venture deed with the company.

White Energy awaits Singapore court's damages determination White Energy awaits Singapore court's damages determination White Energy awaits Singapore court's damages determination White Energy awaits Singapore court's damages determination White Energy awaits Singapore court's damages determination

Damages are expected to exceed US$153 million plus interest.

Damages are expected to exceed US$153 million plus interest and will mark the end of a long running legal battle between the two companies.