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ZCCM-IH Engages in Arbitration with Trafigura Over Financial Guarantee

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ZCCM-IH Engages in Arbitration with Trafigura Over Financial Guarantee

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ZCCM Investments Holdings ( (FR:MLZAM) ) just unveiled an announcement.

ZCCM Investments Holdings Plc is currently involved in confidential arbitration proceedings with Trafigura Pte Limited, following a demand for payment under a guarantee related to a prepayment agreement with Konkola Copper Mines Plc. The proceedings, which are being contested by ZCCM-IH, could have price-sensitive implications, and shareholders are advised to exercise caution when dealing in the company’s securities.

More about ZCCM Investments Holdings

ZCCM Investments Holdings Plc is a company incorporated in the Republic of Zambia, operating within the investment sector. It holds shares in various mining companies, including Konkola Copper Mines Plc, and is listed on the Lusaka Securities Exchange.

For a thorough assessment of MLZAM stock, go to TipRanks’ Stock Analysis page.

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