Brief: Asiaphos Unit Receives Notice Of Claim Filed By Former Employees

Asiaphos

08/03/2019 09:26

March 8 (Reuters) - AsiaPhos Ltd  ASIP.SI :
    * ASIAPHOS - UNIT RECEIVED NOTICE OF CLAIM BY MIANZHU
MUNICIPAL
PEOPLE'S COURT WHICH WAS FILED BY 20 FORMER EMPLOYEES OF UNIT
WHO RESIGNED IN 2018
    * ASIAPHOS LTD - MIANZHU NORWEST'S LAWYERS HAVE FORMALLY
ADVISED
THAT THERE ARE NO MERITS TO CLAIM AND WILL BE DEFENDING CLAIM
    * ASIAPHOS - IN NOTICE, FORMER EMPLOYEES CLAIM SEVERANCE PAY
OF
RMB1.844 MILLION

Source text for Eikon:  ID:nSNyYzpB 
Further company coverage:  ASIP.SI 

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