Oman Cables
OCAI
3.67%
2.54
0.09
OCAI
Following the disclosure made on the 14th of July 2015 with the relation to the Primary Court judgment in an individual labor case obliging the company to pay the amount of RO 942,810.279 (Omani Rials Nine Hundred Forty Two thousand Eight Hundred Ten and Two Hundred Seventy Nine Baisa), comprising of various elements, to the other party, this is to update the shareholders that the other party has filed an appeal on the 10th of August 2015 and accordingly the company has presented its appeal on the 11th of August 2015.
The company will update the shareholders on this topic imminently.
Source:
Muscat Exchange News