Trek 2000 Faces Legal Demands from OSIM
Trek 2000 International Ltd has received a legal demand from OSIM International Pte Ltd, seeking compensation for alleged losses and a buyout of shares. The company disputes the claims and is obtaining legal counsel to contest them, assuring shareholders of updates on significant developments. The current market cap of Trek 2000 is S$28.18M, with an average trading volume of 88,437 shares.
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The latest update is out from Trek 2000 International Ltd ( (SG:5AB) ).
Trek 2000 International Ltd has received a legal letter from lawyers representing Ron Sim Chye Hock and OSIM International Pte Ltd, demanding compensation for alleged losses and a buyout of shares. The company believes the allegations are unfounded and is seeking legal counsel to contest the claims, promising to keep shareholders informed of any significant developments.
More about Trek 2000 International Ltd
Average Trading Volume: 88,437
Technical Sentiment Signal: Hold
Current Market Cap: S$28.18M
For detailed information about 5AB stock, go to TipRanks’ Stock Analysis page.
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