All Stories
Follow
Subscribe to Semperit AG Holding

Semperit AG Holding

EANS-Adhoc: Semperit AG Holding
Partial award against Siam Sempermed Corporation Ltd. (SSC) in arbitration proceedings regarding restoration of transparency, access to books of accounts, as well as to premises and factories

--------------------------------------------------------------------------------
  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
--------------------------------------------------------------------------------
Joint Ventures/Cooperation/Collaboration
03.06.2016


As already reported, Semperit Group is involved in arbitration proceedings
against its Thai joint venture partner, Sri Trang-Agro Industry Public Co Ltd.
Group and the joint venture company Siam Sempermed Corporation Ltd. (SSC).

A partial award was rendered in the arbitration proceedings against SSC. The
arbitral tribunal decided that SSC must comply with Semperit's request for the
restoration of transparency, access to books of accounts, as well as to premises
and factories.

In case SSC does not comply with this partial award, enforcement proceedings may
become necessary.

About Semperit
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells in more than 100 countries highly
specialised rubber products for the medical and industrial sectors: examination
and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator
handrails, construction profiles, cable car rings, and products for railway
superstructures. The headquarters of this long-standing Austrian company, which
was founded in 1824, are located in Vienna. The Semperit Group employs more than
7,000 people worldwide, including close to 4,100 in Asia and more than 800 in
Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has
22 manufacturing facilities worldwide and numerous sales offices in Europe,
Asia, Australia and America. In 2015 the group generated sales of EUR 915
million and an EBITDA of EUR 96 million.


Further inquiry note:
Martina Büchele 		
Group Head of Communications
Tel.: +43 676 8715 8621		 
martina.buechele@semperitgroup.com
www.semperitgroup.com

Stefan Marin	
Head of Investor Relations	
Tel.: +43 676 8715 8210 
stefan.marin@semperitgroup.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      Semperit AG Holding
             Modecenterstrasse 22
             A-1030 Wien
phone:       +43 1 79 777-210
FAX:         +43 1 79 777-602
mail:         investor@semperitgroup.com
WWW:      www.semperitgroup.com
sector:      Synthetics & Plastics
ISIN:        AT0000785555
indexes:     WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
stockmarkets: official market: Wien 
language:   English

Original content of: Semperit AG Holding, transmitted by news aktuell

More stories: Semperit AG Holding
More stories: Semperit AG Holding
  • 19.05.2016 – 07:31

    EANS-News: Semperit AG Holding / Successful Start in 2016

    company: Semperit AG Holding Modecenterstrasse 22 A-1030 Wien phone: +43 1 79 777-210 FAX: +43 1 79 777-602 mail: investor@semperitgroup.com WWW: www.semperitgroup.com sector: Synthetics & Plastics ISIN: AT0000785555 indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players stockmarkets: official market: Wien language: English ...

  • 06.05.2016 – 15:11

    EANS-Adhoc: Semperit Group: Sempermed Joint Venture, Thailand

    issuer: Semperit AG Holding Modecenterstrasse 22 A-1030 Wien phone: +43 1 79 777-210 FAX: +43 1 79 777-602 mail: investor@semperitgroup.com WWW: www.semperitgroup.com sector: Synthetics & Plastics ISIN: AT0000785555 indexes: WBI, ATX Prime, ViDX, Prime Market, ATX Global Players stockmarkets: official market: Wien language: English ...