H2G Green Subsidiary Receives Court Summons in Singapore; Shares Up 9%

MT Newswires

2025/10/10

H2G Green's (SGX:5AI) 50.10%-owned subsidiary, Green Energy Investment, received a letter from the Singapore Civil Defense Force with a court summons to answer a charge at the State Courts of Singapore on Oct. 21, according to a Thursday filing with the Singapore Exchange.

Shares of the company were up over 9% in Friday's late-morning trading.

The summons is about a fire incident that broke out at its wood waste storage site in Jurong on July 27.

If a person is found to have violated the Fire Safety Act, they will be liable to a fine not exceeding SG$200,000 or to imprisonment of up to two years or both.

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