MTR Corp And Government Entered Two Settlement Deeds

By Reuters News

Oct 2 (Reuters) - MTR Corporation Limited 0066.HK:

  • CO AND GOVERNMENT ENTERED TWO SETTLEMENT DEEDS RESPECTIVELY IN RELATION TO HART-SCOTT-RODINO PROJECT

  • PURSUANT TO HART-SCOTT-RODINO SETTLEMENT DEED, CO SHALL PAY TO GOVERNMENT HK$2.25 BILLION, OTHERS

  • EXPECTS TO RECOGNISE HART-SCOTT-RODINO SETTLEMENT SUM AS AN EXPENSE IN FY26

  • CO & GOVERNMENT REACHED AMICABLE SETTLEMENT IN RESPECT OF ALL DISPUTES OVER HART-SCOTT-RODINO PRELIMINARY ENTRUSTMENT AGREEMENT IN 2008, OTHERS

  • SETTLEMENT DEEDS REPRESENT NEGOTIATED COMMERCIAL RESOLUTION REACHED WITHOUT ANY ADMISSION OF LIABILITY BY EITHER PARTY

Further company coverage: 0066.HK

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