September 27, 2021
For Immediate Release
To Whom It May Concern
Toyo Engineering Corporation
Representative: Haruo Nagamatsu, Chief Executive Officer
Contact: Wataru Iida, General Manager of Corporate
Information on Award of Arbitration against Toyo Engineering Corporation and Toyo
Engineering Canada Ltd.
This is to notify that Toyo Engineering Corporation and its subsidiary in Canada, Toyo Engineering Canada Ltd. (hereinafter collectively referred to as "Toyo") have received the award of the arbitration dated September 23, 2021 which was raised by Japan Canada Oil Sands Limited (hereinafter referred to as "JACOS") as notified by "Information of Arbitration against Toyo Engineering Corporation and Toyo Engineering Canada Ltd." on October 11, 2018, and that almost all the claims filed by JACOS are dismissed affirming our contestation. Little impact on our performance can be assessed.
Toyo Engineering Corporation published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 06:11:10 UTC.