Hainan Meilan Airport Settles Arbitration for HK$225 Million

Hainan Meilan International Airport Company (HK:0357) has released an update.

Hainan Meilan International Airport Company has reached a settlement with an arbitration claimant, reducing its payment from HK$298.8 million to HK$225 million, excluding interest. This settlement has been paid and reportedly does not affect the company’s operations. The resolution of this financial obligation may offer relief to stakeholders monitoring the company’s financial health.

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