Nov 7 (Reuters) - Sai Global Ltd SAI.AX
* Sai global - reference is made to Sai Global's announcement in relation to its execution of scheme implementation agreement with baring asia
* "considers that commencement of this arbitration is immaterial in context of scheme"
* Under SID, commencement of an arbitration, if material, could give rise to a termination right on part of Baring Asia
* Notice of further arbitration over PLA: declarations sought by Standards Australia over interpretation of PLA renewal provisions
* Standards Australia's referral to arbitration is not based on any alleged breach of PLA
* "Standards Australia does not seek any damages or other financial relief"
* Considers that commencement of this arbitration does not give rise to a termination right under SID Source text for Eikon: ID:nASX4sm9YQ Further company coverage: SAI.AX