BRIEF: Sharjah Group Updates On Court Judgement

  

SHARJAH GROUP COMPANY SG.AD :

* RENDERED JUDGMENT OF CASSATION CIRCLE AT FEDERAL SUPREME COURT WHICH UPHELD APPEAL JUDGMENT, REJECT LEGAL INTERESTS ON TOP OF RULED PRINCIPLE AMOUNT

* CO HAS TAKEN TOTAL PROVISION AMOUNT OF 60.5 MILLION DIRHAMS UPTO DEC 31, 2018

* AMOUNT DUE TO BE PAID ACCORDING TO FINAL JUDGEMENT IS 42.4 MILLION DIRHAMS

Source:(https://bit.ly/2tBHW4E) Further company coverage: SG.AD

((Reuters.Briefs@thomsonreuters.com;))


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