OIO Holdings Ltd. (SG:KUX) has released an update.
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OIO Holdings Limited is facing a legal challenge from its former Executive Chairman, Mr Fan Chee Seng, over an alleged wrongful termination, demanding a compensation of S$90,000. The company received a letter of demand on April 3, 2024, and is currently seeking legal advice on the matter. They plan to update stakeholders as the situation evolves.
For further insights into SG:KUX stock, check out TipRanks’ Stock Analysis page.