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Kingsmen Creatives Faces Setback in Civil Suit Dismissal

Story Highlights
  • Kingsmen Creatives Ltd. provides design and production services for exhibitions and events.
  • The court rejected Kingsmen’s application to dismiss a civil suit, impacting its legal standing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingsmen Creatives Faces Setback in Civil Suit Dismissal

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Kingsmen Creatives ( (SG:5MZ) ) has shared an announcement.

Kingsmen Creatives Ltd. announced that the application by Mr. Lim Tian Siong and Mr. Simon Ong Chin Sim to dismiss a civil suit filed by JKC Engineering Sdn. Bhd. has been rejected by the High Court of Malaya at Johor Bahru. This development requires the company to pay costs of RM 3,000 to JKC, and it may have implications for the company’s legal standing and financial obligations. The company will continue to update stakeholders on any significant developments in compliance with Singapore Exchange Securities Trading Limited’s listing rules.

More about Kingsmen Creatives

Kingsmen Creatives Ltd. operates within the creative services industry, focusing on providing design and production services for exhibitions, events, and thematic attractions. The company is known for its expertise in creating immersive experiences and environments, catering to a diverse range of clients across various sectors.

Average Trading Volume: 95,567

Technical Sentiment Signal: Buy

Current Market Cap: S$97.94M

For a thorough assessment of 5MZ stock, go to TipRanks’ Stock Analysis page.

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