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An announcement from Versalink Holdings Ltd ( (SG:40N) ) is now available.
Versalink Holdings Limited, incorporated in Singapore, has provided an update on the ongoing civil suit involving its wholly-owned subsidiary, Versalink Marketing Sdn Bhd, and Ahmad Zaki Sdn Bhd (AZSB). The trial, initially postponed to October 2024, has been further delayed to February and March 2025 due to the need for additional document finalization. AZSB has successfully filed an amendment to its Statement of Claim, seeking to adjust the quantum of reliefs and include additional particulars, with the court allowing these amendments. The amended reliefs involve claims for deductions and payments related to alleged breaches of sub-contracts by Versalink Marketing.
More about Versalink Holdings Ltd
YTD Price Performance: -30.0%
Average Trading Volume: 103,253
Technical Sentiment Signal: Buy
Current Market Cap: S$4.73M
Find detailed analytics on 40N stock on TipRanks’ Stock Analysis page.