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Meta Health Faces Payment Demand from Former Executive

Story Highlights
  • Meta Health Limited received a statutory demand for S$216,667 from Dr. Vasanthan Metupalle.
  • The company disputes the claim and plans to take legal action to protect its interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meta Health Faces Payment Demand from Former Executive

Elevate Your Investing Strategy:

Meta Health Limited ( (SG:5DX) ) has issued an announcement.

Meta Health Limited has received a statutory demand from Dr. Vasanthan Metupalle for a payment of S$216,667, which he claims is related to an outstanding balance due to his spouse, Mdm Jagannathan Padmaja Sakthi, from a share acquisition agreement. The company disputes the claim and plans to take necessary legal actions to protect its interests and those of its shareholders.

More about Meta Health Limited

Meta Health Limited, incorporated in Singapore, operates in the healthcare industry. It focuses on digital health solutions through its subsidiaries, Gainhealth Pte. Ltd. and 5Digital Pte. Ltd., providing innovative healthcare services and products.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$7.92M

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

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