Fu Yu Corporation Limited (SG:F13) has released an update.
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Fu Yu Corporation Limited’s subsidiary, Fu Yu Supply Chain Solutions, has received a demand for nearly $926k in compensation from Evertree Hongkong Limited, based on an alleged profit-sharing agreement. The company is consulting legal avenues and considering countermeasures. Shareholders will be kept informed of significant developments through SGXNET.
For further insights into SG:F13 stock, check out TipRanks’ Stock Analysis page.