Shanghai Electric (02727): Received the arbitral award on Arbitration II issued by the Singapore International Arbitration Centre, ruling in favor and rejecting all of Oxagon's claims.

date
02/07/2026
Financial APP News: Shanghai Electric (02727) announced that on June 30, 2026, the company received a ruling from the Singapore International Arbitration Center on Arbitration 2, which rejected all of Oxagon Enterprises Limited's (formerly Reliance UK, hereinafter referred to as "Oxagon") claims in the lawsuit. This rejection is final and the company has won the case. The specific ruling is as follows: