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Bahrain bank's appeal against Boustead gets thrown out

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Published Fri, Apr 22, 2016 · 09:50 PM

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Singapore

THE Singapore High Court has dismissed an appeal by a Bahrain bank, Arab Banking Corporation, against engineering firm Boustead Singapore, Boustead said in a Singapore Exchange (SGX) filing on Friday.

It added that the Court of Appeal's decision on Thursday to throw out the case "finally and conclusively discharges the company's liability to Arab Bank under the facility agreements".

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