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40W Zico Holdings News Story

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Brief: Zico Holdings Inc Says On 2 August, Unit Served With Originating Claim

Aug 6 (Reuters) - ZICO Holdings Inc  ZICO.SI :
    * ON 2 AUGUST, UNIT SERVED WITH ORIGINATING CLAIM AND A
STATEMENT
OF CLAIM DATED 26 JULY
    * CLAIMANT ZICO TRUST ALLEGEDLY SAID IT BREACHED ITS DUTIES
IN
HANDLING FUNDS AMOUNTING TO S$12.3 MILLION WITHOUT PROPER
AUTHORISATION
    * ZICO TRUST DENIES CLAIM


Further company coverage:  ZICO.SI 

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

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