Corporate DisclosureLHB
LHB Corporate Disclosure — 4 February 2021
Announcement summary
- What happened
- LHB published a corporate disclosure on 4 February 2021. Read the full announcement for details.
- Company
- LafargeHolcim Bangladesh PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company passed a resolution on 03.02.2021 for issuance of a Notice of Arbitration against Jalalabad Gas Transmission & Distribution Systems Ltd. (JGTDS). The Company and JGTDS entered into a Gas Sales Agreement (GSA) dated 19.01.2003 under which JGTDS supplies gas to the plant of the Company located at Chhatak. A dispute has arisen between the parties in relation to the price of gas. The Notice of Arbitration has been issued in terms of the GSA.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005459c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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