F J Benjamin unit sues Babyzen for S$1.78m as Hong Kong appeal proceeds

Reuters
Yesterday
F J Benjamin unit sues Babyzen for S$1.78m as Hong Kong appeal proceeds

F J Benjamin Holdings Ltd said its wholly owned subsidiary, F J Benjamin (Singapore) Pte. Ltd., has filed a legal claim in Hong Kong against Babyzen Limited over an exclusive distributorship arrangement for baby products. The subsidiary is seeking about S$1.783 million in alleged lost profits tied to a disputed three-year renewal option. A Hong Kong High Court refused Babyzen’s bid to strike out the claim and awarded costs of HK$240,000, and Babyzen has since appealed, with the next hearing date pending.

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