AIA Engineering Ltd (GREY:AAGGY)

$ 0 0 (0%) Market Cap: - Enterprise Value: 2.38 Bil PE Ratio: 35.30 PB Ratio: 6.02 GF Score: 98/100

Q2 2021 AIA Engineering Ltd Earnings Call Transcript

Nov 02, 2020 / 11:00AM GMT

Transcript

Operator

Good evening, ladies and gentlemen. Thank you for standing by. This is Aman, the moderator for your call today. Welcome to the post results conference call of AIA Engineering Limited. We have with us today the management team of AIA Engineering Limited. (Operator Instructions)

I'd now like to hand the conference over to the AIA Engineering management team. Thank you, and over to you, sir.

Kunal D. Shah

AIA Engineering Limited - Executive Director of Corporate Affairs

Yes. Thank you so much. A very warm welcome to everyone, and thank you for joining the call. I think we've got some updates. But otherwise, it's a routine call. So we'll try and keep it short. To start with, we are very happy that this quarter, we saw the resolution of the ongoing litigation in London, which was first at International Chamber of Commerce, ICC, in London. And after that verdict, the other side chose to appeal that verdict in the High Court of U.K.

But afterwards, most parties decided that it's not worth pursuing that litigation forward. So we signed a settlement

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