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Asiatic Group (Holdings) Ltd. ( (SG:5CR) ) has issued an announcement.
Asiatic Group (Holdings) Limited announced that Royal Group Phnom Penh SEZ plc has initiated arbitration against its subsidiaries, Colben Energy Holdings and Colben System Pte Ltd, at the Singapore International Arbitration Centre. The arbitration seeks to enforce rights under a 2012 settlement agreement and includes demands for information disclosure and a forensic review related to their joint venture in Cambodia. The company is expected to respond by 26 September 2025 and will provide updates on material developments.
More about Asiatic Group (Holdings) Ltd.
Asiatic Group (Holdings) Limited is a company incorporated in Singapore, operating in the energy sector. Its subsidiaries, Colben Energy Holdings and Colben System Pte Ltd, are involved in energy-related operations, with a focus on joint ventures in Cambodia.
Current Market Cap: S$12.02M
Learn more about 5CR stock on TipRanks’ Stock Analysis page.