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AXB Yongnam Holdings News Story

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Brief: Yongnam Holdings Says Unit Has Commenced Suit In High Court Of Singapore

Oct 27 (Reuters) - Yongnam Holdings Ltd  YNAM.SI :
    * UNIT HAS COMMENCED SUIT IN HIGH COURT OF SINGAPORE AGAINST
MERO
ASIA PACIFIC FOR SUM OF ABOUT S$1.89 MILLION
    * MERO BROUGHT A COUNTERCLAIM AGAINST UNIT FOR SUM OF S$5.9
MILLION AS ESTIMATED COSTS OF RECTIFICATION

Source text for Eikon:  ID:nSN8bZSvf 
Further company coverage:  YNAM.SI 
 ((Reuters.Briefs@thomsonreuters.com;))

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