ZICO Holdings Inc. (SG:40W) has released an update.
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ZICO Holdings Inc. has announced an amicable settlement with Eco-Brite Pte. Ltd., resolving a civil claim filed against its subsidiary, ZICO RMC. The terms of the settlement are confidential, and the discontinuation of the civil claim is forthcoming. The settlement is expected to have no material impact on the group’s financial position or its ongoing business operations.
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