Brief: Tritech Refers To Legal Action Against Lim Wen Heng Construction
15/01/2024 14:34
Jan 15 (Reuters) - Tritech Group Ltd TTGL.SI :
* REFERS TO LEGAL ACTION COMMENCED IN GENERAL DIVISION OF
HIGH
COURT OF REPUBLIC OF SINGAPORE BY CO & UNIT AGAINST LIM WEN HENG
CONSTRUCTION
* CLAIMANTS AND DEFENDANTS HAVE COME TO FINAL SETTLEMENT OF
DIFFERENCES AND CLAIMS ON SALE AND PURCHASE DEAL DATED DEC 31,
2022
* KEY TERMS OF SETTLEMENT DEED PROVIDE CO AND UNIT AGREE TO
JOINTLY AND SEVERALLY PAY TO LWH TOTAL SUM OF S$2.5 MILLION,
AMONG OTHERS
Source text for Eikon: ID:nSN3YF9v3
Further company coverage: TTGL.SI
((Reuters.Briefs@thomsonreuters.com;))
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