ZICO Holdings Inc. (SG:40W) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
ZICO Holdings Inc. has announced that its subsidiary, ZICO RMC, is facing a legal challenge with Eco-Brite Pte. Ltd. claiming a debt repayment of S$630,000 plus interest. ZICO RMC disputes the claim and is actively seeking legal advice to mount a defense. The company reassures that the ongoing litigation will not materially impact its financial position or business operations.
For further insights into SG:40W stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue