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H2G Green CEO Contests Bankruptcy Claim

H2G Green CEO Contests Bankruptcy Claim

H2G Green Limited (SG:5AI) has released an update.

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H2G Green Limited has announced that its CEO, Mr. Lim Shao-Lin, is facing a bankruptcy application from a former employee, Wei Hua, over a claimed breach of a settlement deed. Despite a default judgment due to papers served to an outdated address, Mr. Lim is contesting the claim and the company is examining the matter in line with SGX-ST Catalist Rules concerning director integrity.

For further insights into SG:5AI stock, check out TipRanks’ Stock Analysis page.

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