Brief: Synagie Corp Updates On Legal Proceedings Against Third Party Service Provider

Oceanscape International

04/12/2019 11:31

Dec 4 (Reuters) - Synagie Corporation Ltd  SYNA.SI :
    * CO CLAIMING A SUM OF ABOUT S$751,971.25 FOR BREACH OF
CONTRACT
BY THE SERVICE PROVIDER
    * COMMENCED LEGAL PROCEEDINGS AGAINST THIRD PARTY SERVICE
PROVIDER
FOR A BREACH OF CONTRACT IN HIGH COURT OF REPUBLIC OF SINGAPORE
    * THIRD-PARTY SERVICE PROVIDER FILED COUNTERCLAIM AGAINST CO
ON 14
JUNE FOR A BREACH OF SAME CONTRACT, CLAIMING S$1.2 MILLION
    * PARTIES CONCURRENTLY MAKING ATTEMPT AT RESOLVING DISPUTES
BY WAY
OF MEDIATION
    * MEDIATION IS UNDER AUSPICES OF SINGAPORE MEDIATION CENTRE
WHICH
HAS BEEN SCHEDULED FOR EARLY 2020

Source text for Eikon:  ID:nSNZ6dl6Bb 
Further company coverage:  SYNA.SI 

 ((Reuters.Briefs@thomsonreuters.com;))