China Aviation Oil (Singapore) (SGX:G92) won a legal battle with Banque de Commerce Et De Placements (BCP) after the Court of Appeal of Singapore dismissed the latter's appeal over allegations of deceit, according to a late Monday filing with the Singapore Exchange.
Shares of the company were up over 1% in recent trading.
The appellate court upheld the decision of a Singapore court, awarding the company costs of around SG$100,000.
The judgement is final and not appealable.