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Singapore Paincare Holdings Limited ( (SG:FRQ) ) has issued an update.
Singapore Paincare Holdings Limited has announced a settlement agreement with Ms Lim Seow Yuen, resolving all claims she had against the company. As part of the settlement, Ms Lim has waived all her claims, and the company has returned a cashier’s order of S$450,000, which was initially deposited as security for Dr Lee’s indemnity obligations. This settlement is expected to positively impact the company’s operations by eliminating potential legal disputes and reinforcing its industry positioning.
More about Singapore Paincare Holdings Limited
Singapore Paincare Holdings Limited operates in the healthcare industry, focusing on providing pain management services through its subsidiaries. The company is based in Singapore and aims to address various pain-related conditions, enhancing patient care and offering specialized medical solutions.
Average Trading Volume: 205,094
Technical Sentiment Signal: Buy
Current Market Cap: S$28.38M
See more data about FRQ stock on TipRanks’ Stock Analysis page.