Mercurius Capital Investment Limited (SG:5RF) has released an update.
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Mercurius Capital Investment Limited has received a letter of demand from its former CEO, Mr. Chew, after a post-dated cheque failed to clear. The company had previously agreed to a settlement of S$576,387.20, to be paid in installments. They are now seeking legal advice and will keep shareholders updated on this significant financial dispute.
For further insights into SG:5RF stock, check out TipRanks’ Stock Analysis page.