Wharf Holdings makes HK$1.5 bln provision for UGC lawcase
Wharf Holdings (0004) Chairman Li W.J.Gonzaga said that the company made HK$1.5 bln provision in the 99 financial account for the UGC lawsuit. The provision, equivalent to the compensation sum, also included the cost of interest. He claimed that the lawsuit had come an end, which was a blessing for the company.
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