tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SDAI Limited Settles Monetary Claim with Kitchen Highlights

Story Highlights
SDAI Limited Settles Monetary Claim with Kitchen Highlights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

SDAI ( (SG:5TI) ) just unveiled an announcement.

SDAI Limited has settled a monetary claim with Kitchen Highlights through a settlement agreement following a hearing at the Small Claims Tribunal of Hong Kong. The settlement is not expected to materially impact the company’s financial performance for the current fiscal year. Despite the settlement, SDAI’s shares remain suspended from trading on the Singapore Exchange, and stakeholders are advised to exercise caution with their securities.

More about SDAI

SDAI Limited, incorporated in Singapore, operates in the industry with a focus on its subsidiaries, including Kitchen Culture (Hong Kong) Limited. The company has been involved in legal proceedings related to a monetary claim.

Current Market Cap: S$33.97M

For detailed information about 5TI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1