Brief: Rich Capital Says Unit Commenced Civil Claim In West Jakarta District Court
12/05/2022 11:28
May 12 (Reuters) - Rich Capital Holdings Ltd RICH.SI :
* UNIT COMMENCED A CIVIL CLAIM IN WEST JAKARTA DISTRICT
COURT
* UNIT SEEKING FOR INJUNCTIVE RELIEF AGAINST WIWOA MITI
KARYA
BATAM REGARDING CONSTRUCTION & MARKETING OF ONE AVENUE BATAM
PROJECT
* CLAIM IS PREMISED ON OBPL'S ALLEGATIONS THAT DEFENDANTS
HAVE
BREACHED THEIR OBLIGATIONS, AMONG OTHERS
* UNIT SEEKING FOR DAMAGES AGAINST DEFENDANTS FOR 32.27
BILLION
RUPIAH BEING RETURN OF OBPL'S INVESTED CAPITAL, AMONG OTHERS
Source text for Eikon: ID:nSNcgJ720
Further company coverage: RICH.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Rich Capital Holdings
See all newsBrief: Rich Capital Enters Placement Agreement With Sac Capital Private
Brief: Rich Capital Holdings Sees Lower Loss For FY2026
Brief: Rich Capital To Consolidate Every 200 Existing Issued Ordinary Share Into 1 Share
Brief: Rich Capital Expects To Report Net Profit For 1H2026
Brief: Rich Capital Holdings Ltd Expected To Report A Loss For 1H2024