KUALA LUMPUR (AFX-ASIA) – Tenaga Nasional Bhd’s dispute with Union Bank of Switzerland (UBS) over a bond sale is expected to be resolved soon as both parties are in the financial stage of negotiations for an out-of-court settlement, New Straits Times reported, quoting chairman Awang Adek Hussin. UBS is suing Tenaga for US$86.94 million for…
MALAYSIA: Tenaga bond sale dispute with UBS close to settlement Ð chairman
Posted on July 10, 2003 by EnergyAsia