---
title: "Asiatic Group Clarifies Financial Statement Error and Legal Proceedings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229172632.md"
description: "Asiatic Group (Holdings) Ltd. has clarified an error in its recent financial results regarding a legal claim with joint venture partner Royal Group Phnom Penh SEZ Plc. The company noted that confidentiality obligations restrict the disclosure of information related to ongoing arbitration, but updates will be provided to shareholders as necessary. Proceedings in the Singapore Court related to this arbitration have been discontinued. The current market cap of Asiatic Group is S$16.02M."
datetime: "2025-02-21T10:42:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229172632.md)
  - [en](https://longbridge.com/en/news/229172632.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229172632.md)
---

# Asiatic Group Clarifies Financial Statement Error and Legal Proceedings

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Asiatic Group (Holdings) Ltd. ( (SG:5CR) ) has provided an announcement.

Asiatic Group (Holdings) Limited has issued a clarification regarding an inadvertent error in its recent financial results announcement. The error pertains to a note on commitments and contingencies involving a legal claim with a joint venture partner, Royal Group Phnom Penh SEZ Plc. The company has stated that confidentiality obligations limit the disclosure of information related to ongoing arbitration, and updates will be provided to shareholders as necessary. Proceedings in the Singapore Court related to this arbitration have been discontinued.

**More about Asiatic Group (Holdings) Ltd.**

**Current Market Cap:** S$16.02M

Find detailed analytics on 5CR stock on TipRanks’ Stock Analysis page.

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