Mary Chia Holdings Limited (SG:5OX) has released an update.
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Mary Chia Holdings Limited’s subsidiary, Mary Chia Beauty & Slimming Specialist Pte Ltd, settled a claim for unpaid salaries totaling S$27,432, owed to a former employee, with partial and delayed payments. The company managed the claim’s settlement over time due to strategic allocation of resources towards business ventures, ensuring ongoing operations and project support. Despite an internal oversight leading to delayed action, the company fulfilled its outstanding balance, adhering to its regulatory obligations for timely disclosure to shareholders.
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