Brief: Addvalue Technologies Says Unit Commenced Arbitration Proceedings In Hong Kong Against Xepic Corporation

Addvalue Technologies

26/11/2024 24:25

Nov 26 (Reuters) - Addvalue Technologies Ltd  AVAU.SI :
    * UNIT COMMENCED ARBITRATION PROCEEDINGS IN HONG KONG
AGAINST
XEPIC CORPORATION
    * ARBITRATION PROCEEDINGS NOT EXPECTED TO HAVE ANY MATERIAL
IMPACT
ON FINANCIAL POSITION OF CO
    * ARBITRATION FOR AT LEAST $2.1 MILLION & DAMAGES FOR
WRONGFUL
TERMINATION OR REPUDIATION OF CONTRACTS, OTHERS

Further company coverage:  AVAU.SI 

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