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ZCCM Investments Holdings ( (FR:MLZAM) ) has issued an update.
ZCCM Investments Holdings Plc is currently involved in confidential arbitration proceedings with Trafigura Pte Limited, following a demand for payment related to a guarantee signed in 2021. The proceedings, which are under the London Court of International Arbitration Rules, stem from a prepayment agreement involving Konkola Copper Mines Plc. ZCCM-IH is contesting the claims and advises shareholders to exercise caution when dealing in its securities until further updates are provided.
More about ZCCM Investments Holdings
ZCCM Investments Holdings Plc is a company incorporated in the Republic of Zambia, primarily involved in the mining industry. It holds shares in various mining operations, including Konkola Copper Mines Plc, and is focused on managing investments in the mining sector.
See more insights into MLZAM stock on TipRanks’ Stock Analysis page.