Matex International Faces Legal Demand Over Settlement Payments

Tip Ranks
2025.11.11 14:12
portai
I'm PortAI, I can summarize articles.

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.