Tribunal awards Intraco final interest, costs in dispute
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Singapore
AN ARBITRATION tribunal has awarded Intraco a final S$3.2 million in interest in the trading company's dispute with privately held Timor Global over a 2007 joint-venture agreement.
Intraco had already been awarded a sum of S$6.6 million in March out of its total claim of S$9.8 million against Timor Global, but that was before interests and costs.
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