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Powermatic Data Systems Ltd. ( (SG:BCY) ) has provided an announcement.
Powermatic Data Systems Ltd., a company incorporated in Singapore, has received a letter of demand from former CEO Jason Tao Ping. The demand concerns a claim for 89,928 Restricted Stock Unit shares following his involuntary resignation. The company is currently consulting with legal counsel to assess the claim and will update shareholders on any significant developments.
More about Powermatic Data Systems Ltd.
Average Trading Volume: 9,465
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$108M
Learn more about BCY stock on TipRanks’ Stock Analysis page.