Epic Research

Monday, April 29, 2013

Epic Update : Lanco Infratech

Stock TipsLanco Infratech’s Australian subsidiary, Griffin Coal, has settled protracted litigation for a claim of Austrian dollar 3.5 billion initiated by Perdaman Chemicals against the company. The Australian coal miner has agreed to pay Perdaman a nominal amount of Austrian dollar 7.5 million and legal costs to be taxed by the Court, without admission of any of the allegations of Perdaman.

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