
Matex International Faces Legal Demand Over Settlement Payments

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Matex International Limited (SG:M15) has received a letter of demand from Dr. Tan Pang Kee and Mr. Tan Guan Liang regarding cessation payments under a settlement agreement. The demand requires payment by 18 November 2025, or legal action will follow. The company is seeking legal advice and will keep shareholders updated. Current market cap is S$11.35M.
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