GRP Limited Settles EESB Dispute

Reuters

Mar 02

GRP Limited Settles EESB Dispute

GRP Limited said its subsidiary Ratus Nautika has settled its dispute with EESB, ending arbitration proceedings. Under the settlement, Ratus Nautika paid RM4.425 million in addition to an earlier adjudication payment, while EESB waived further claims including a project retention sum of about RM3.72 million. The company said the settlement is not expected to have a material impact on its FY2026 net tangible assets per share or earnings per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GRP Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 90QSI4PZBRHQYR5G) on March 02, 2026, and is solely responsible for the information contained therein.

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ID: 90QSI4PZBRHQYR5G) on March 02, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001846.SGD","symbol_name":"Schroder Asian Equity Yield A Dis SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260302:nNDL5rYxqp:1","article_id":"2616339372","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616339372","pubTimestamp":1772452111,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"GRP Limited said its subsidiary Ratus Nautika has settled its dispute with EESB, ending arbitration proceedings. 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Under the settlement, Ratus Nautika paid RM4.425 million in addition to an earlier adjudication payment, while EESB waived further claims including a project retention sum of about RM3.72 million. The company said the settlement is not expected to have a material impact on its FY2026 net tangible assets per share or earnings per share.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GRP Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 90QSI4PZBRHQYR5G) on March 02, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}