Annica Holdings Limited (SG:5AL) has released an update.
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Annica Holdings Limited has reached a full and final settlement regarding the outstanding debt owed by Chong Shin Mun and GPE Power Systems (M) Sdn. Bhd. The settlement addresses previous concerns stemming from a series of financial agreements and demands for loan repayment totaling over S$4.78 million as of August 2024. This resolution concludes a series of announcements and legal actions dating back to 2018.
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