OIO Holdings Ltd. (SG:KUX) has released an update.
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OIO Holdings Limited faces a legal challenge as the former Executive Chairman, Mr. Fan Chee Seng, has filed a claim for wrongful termination seeking compensation and interest in Singapore’s State Courts. The claim amounts to S$92,419.35, plus interest and legal costs, with the company currently seeking legal advice and preparing to respond. Investors are advised to watch for further updates, which will be released in compliance with SGX-ST Catalist Rules.
For further insights into SG:KUX stock, check out TipRanks’ Stock Analysis page.