---
title: "GRP Limited Updates on Legal Dispute with EESB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263260167.md"
description: "GRP Limited has provided an update on its legal dispute with EESB, announcing that a Consent Order was recorded at the Ipoh High Court. This led to the discharge of a Mareva Injunction, allowing Ratus Nautika access to its business account funds. The civil suit against Ratus Nautika’s directors will be discontinued, and the case is stayed pending arbitration. Ratus Nautika will segregate the disputed funds while maintaining its rights in ongoing adjudication proceedings."
datetime: "2025-10-29T10:12:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263260167.md)
  - [en](https://longbridge.com/en/news/263260167.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263260167.md)
---

# GRP Limited Updates on Legal Dispute with EESB

An update from GRP Ltd. ( (SG:BLU) ) is now available.

GRP Limited has announced an update regarding its ongoing legal dispute with EESB. A Consent Order was recorded at the Ipoh High Court, leading to the discharge of a Mareva Injunction that had restricted Ratus Nautika from accessing a significant sum in its business account. The civil suit by EESB against Ratus Nautika’s directors will be discontinued, and the case is stayed pending arbitration. Ratus Nautika has issued a directive to segregate the disputed funds, maintaining its rights in ongoing adjudication proceedings.

**More about GRP Ltd.**

**Average Trading Volume:** 41,500

**Technical Sentiment Signal:** Sell

**Current Market Cap:** S$8.11M

Learn more about BLU stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [BLU.SG](https://longbridge.com/en/quote/BLU.SG.md)

## Related News & Research

- [GRP Reopens Talks to Acquire Bintan Renewable Energy and Industrial Park Developer](https://longbridge.com/en/news/273684715.md)
- [On This Day|Cathay Pacific debuts on Hong Kong Stock Exchange in 1986 – SCMP archive](https://longbridge.com/en/news/286502487.md)
- [CytoMed Chairman Moves to Boost Personal Stake Through Private Share Purchases](https://longbridge.com/en/news/286569308.md)
- [U.S. Futures Mixed, European Stocks Edge Up](https://longbridge.com/en/news/286874724.md)
- [U.S. Futures, European Stocks Decline](https://longbridge.com/en/news/286734989.md)