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Published Mon, Nov 21, 2016 · 09:50 PM

Pacific Radiance

MAINBOARD-LISTED Pacific Radiance announced after Monday trading hours the start of arbitration proceedings against two Chinese shipyard groups over two disputed shipbuilding contracts.

The 50 per cent-owned joint venture of Pacific Radiance, CA Offshore Investment Inc (CAOI), issued two notices of arbitration on Nov 18 against Shanghai Waigaoqiao Shipbuilding & Offshore Co, Ltd and China Shipbuilding Trading (Shanghai) Co, Ltd.

lian bengpacific radiance

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