Edition's Unit Receives Arbitrary Notice from KG Systems Over Unpaid Invoices

MT Newswires
07/17

Edition's (SGX:5HG) subsidiary, Meod, received a notice of arbitration from KG Systems, relating to a contract for the supply of "Moving Gutter System," according to a Thursday filing with the Singapore Exchange.

The Netherlands-based claimant is seeking an outstanding sum of 178,492 euros from several unpaid invoices, along with contractual interest of 2% per month, extrajudicial costs of 7,275 euros and a storage penalty of 31,500 euros.

KG Systems is also seeking reimbursement for legal costs associated with the proceedings.

The Singaporean agriculture company is reviewing the claims and allegations and has engaged legal advisers, the filing said.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10