BRIEF-Project In Malaysia Abandoned In 2014: Metabolic Explorer Says Court Of Appeal Rules In Favour Of Metabolic Explorer

Jan 24 (Reuters) - METABOLIC EXPLORER SA:

* COURT OF APPEAL OF DOUAI DELIVERED ON JAN 23 JUDGMENT ACCORDING TO WHICH IT CANCELED THE FIRST INSTANCE JUDGMENT RENDERED IN 2017 BY THE LILLE COMMERCIAL COURT

* COURT ALSO DISMISSED THE PARTS OF ALL THEIR OTHER REQUESTS

* METEX SAYS DOUAI COURT OF APPEAL CANCELLED JUDGMENT OF LILLE COMMERCIAL COURT THAT HAD ORDERED METABOLIC EXPLORER TO PAY DAMAGES AND INTEREST TO OTHER PARTIES TO DISPUTE FOR TOTAL OF € 2,820,000

* METEX SAYS THAT IT IS INVOLVED IN A DISPUTE OVER THE ABANDONMENT OF ITS PROJECT IN MALAYSIA IN 2014 Source text: https://bit.ly/37qSe9T Further company coverage: (Gdansk Newsroom)