H2G Green unit faces court action over Jurong fire safety breach
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H2G Green Limited's subsidiary, Green Energy Investment Holding Private Limited (GEIH), faces court action for a fire safety breach at its Jurong site. The Singapore Civil Defence Force has charged GEIH for changing the use of premises without approval, potentially affecting fire safety measures. GEIH may face a fine of $200,000 and additional daily fines for ongoing offences. The company is seeking legal advice and advises shareholders to exercise caution with its shares until further updates are provided.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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