Davis Commodities Subsidiaries Face Statutory Demands Over Unpaid Court Judgment

Reuters

Feb 13

<a href="https://laohu8.com/S/DTCK">Davis Commodities</a> Subsidiaries Face Statutory Demands Over Unpaid Court Judgment

Davis Commodities Ltd. has disclosed that its Singapore subsidiaries, Davis Commodities Pte. Ltd. and LP Grace Pte. Ltd., have received statutory demand letters from a supplier seeking payment of amounts totaling US$749,730 plus interest and costs, pursuant to a Singapore court judgment. The demands state that if the amounts are not paid, secured, or resolved within the specified period, the supplier may initiate winding-up proceedings against the subsidiaries. The company is currently managing the situation, considering various options including engagement with the supplier and making operational adjustments to support business continuity. No legal claim has been made against the parent company or its other subsidiaries in connection with this matter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Davis Commodities Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-000971), on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ltd. and LP Grace Pte. Ltd., have received statutory demand letters from a supplier seeking payment of amounts totaling US$749,730 plus interest and costs, pursuant to a Singapore court judgment. The demands state that if the amounts are not paid, secured, or resolved within the specified period, the supplier may initiate winding-up proceedings against the subsidiaries. The company is currently managing the situation, considering various options including engagement with the supplier and making operational adjustments to support business continuity. No legal claim has been made against the parent company or its other subsidiaries in connection with this matter.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Davis Commodities Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-000971), on February 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DTCK","symbol_name":"Davis Commodities Limited","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260213:nNDL9TNxfW:1","article_id":"2611154209","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611154209","pubTimestamp":1770986627,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Davis Commodities Ltd. has disclosed that its Singapore subsidiaries, Davis Commodities Pte. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and shou","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DTCK":"Davis Commodities Limited","BK4102":"食品分销商"},"translate_title":"戴维斯大宗商品子公司因未支付法院判决而面临法定要求","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DTCK":0.9},"content_text":"Davis Commodities Subsidiaries Face Statutory Demands Over Unpaid Court Judgment\n    \n\n        Davis Commodities Ltd. has disclosed that its Singapore subsidiaries, Davis Commodities Pte. Ltd. and LP Grace Pte. Ltd., have received statutory demand letters from a supplier seeking payment of amounts totaling US$749,730 plus interest and costs, pursuant to a Singapore court judgment. 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Davis Commodities Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-000971), on February 13, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}