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LY Corporation Withdraws Interim Injunction but Continues Malaysian Lawsuit

Story Highlights
  • LY Corporation has withdrawn its interim injunction application in the Malaysian lawsuit with Synergy House Furniture, incurring RM3,000 in costs.
  • Despite dropping the interim relief, the company continues to pursue the main lawsuit, leaving the legal dispute and potential impacts ongoing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LY Corporation Withdraws Interim Injunction but Continues Malaysian Lawsuit

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An update from LY Corp. Ltd. ( (SG:1H8) ) is now available.

LY Corporation Limited has withdrawn its interim injunction application in an ongoing legal dispute with Synergy House Furniture Sdn Bhd, following advice from its legal counsel, and has agreed to pay costs of RM3,000 as ordered by the Malaysian court on 17 December 2025. While the interim relief has been dropped, the company is continuing with the main lawsuit, signaling that the underlying legal contest remains active and may still have implications for the group’s legal exposure and stakeholder interests as proceedings evolve.

More about LY Corp. Ltd.

LY Corporation Limited is a Singapore-incorporated company listed on the SGX Catalist board, operating through a group structure that includes subsidiaries and is subject to the Singapore Exchange’s Catalist listing rules and sponsor-supervised disclosure regime.

Average Trading Volume: 19,360

Technical Sentiment Signal: Hold

Current Market Cap: S$26.89M

For an in-depth examination of 1H8 stock, go to TipRanks’ Overview page.

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