tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ZCCM-IH Engages in Arbitration with Trafigura Over Guarantee Dispute

Story Highlights
ZCCM-IH Engages in Arbitration with Trafigura Over Guarantee Dispute

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

ZCCM Investments Holdings ( (FR:MLZAM) ) just unveiled an update.

ZCCM Investments Holdings PLC is currently involved in confidential arbitration proceedings with Trafigura Pte Limited. The dispute arises from a guarantee signed in 2021 related to a prepayment agreement involving Konkola Copper Mines Plc. ZCCM-IH is contesting the claims and advises shareholders to exercise caution when dealing with its securities due to the potential price-sensitive nature of the proceedings.

More about ZCCM Investments Holdings

ZCCM Investments Holdings PLC is a company incorporated in the Republic of Zambia, operating within the investment sector. It is involved in various ventures, including mining, and holds shares in companies such as Konkola Copper Mines Plc.

Find detailed analytics on MLZAM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1