Triangle chasing $1M from former Indo partner

TRIANGLE Energy has begun arbitration proceedings against PT Enso Asia in the Singapore International Arbitration Centre over what the Perth company says is an unpaid consideration for its sale of an Indonesian asset four years ago. 

Triangle chasing $1M from former Indo partner Triangle chasing $1M from former Indo partner Triangle chasing $1M from former Indo partner Triangle chasing $1M from former Indo partner Triangle chasing $1M from former Indo partner
The company filed a Notice of Arbitration yesterday and told the market it is owed US$1.02 million, which is held in escrow, which it says after discussions PT Enso still refuses to release.