Brief: Natural Cool updates on proceedings regarding alleged wrongful termination of former employee
09/03/2017 11:53
March 9 (Reuters) - Natural Cool Holdings Ltd NCHL.SI
* Co on 3 March received a letter dated from Harry Elias
Partnership acting on behalf of Ng Quek Peng, co's former chief
corporate officer
* Hep States Ng is seeking damages in sum of s$2.5 million
against co for alleged wrongful termination of his service
agreement with co
* After due consideration, board decided to terminate ng's
services on 15 february 2017
Source text for Eikon: ID:nSNZ2WS3FP
Further company coverage: NCHL.SI
(bangalore.newsroom@thomsonreuters.com)
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