Brief: Singapore Post Says Individual Filed Statement Of Claim In Arbitration

Singapore Post

15/08/2022 02:18

Aug 15 (Reuters) - Singapore Post Ltd  SPOS.SI :
    * INDIVIDUAL FILED STATEMENT OF CLAIM IN ARBITRATION ON 8
AUGUST
    * IN STATEMENT OF CLAIM, INDIVIDUAL QUANTIFIED CLAIM AT
S$16.5
MILLION PLUS INTEREST
    * UNIT WILL CONTINUE TO DEFEND ITSELF AGAINST ALLEGATIONS IN
ARBITRATION
    * INDIVIDUAL ALLEGED SINGPOST LOGISTICS INVESTMENTS BREACHED
SHAREHOLDERS' AGREEMENT BY NOT SEEKING HIS APPROVAL ON AN
APPOINTMENT

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