H2G Green Limited (SG:5AI) has released an update.
H2G Green Limited has announced that its CEO, Mr. Lim Shao-Lin, is facing a bankruptcy application from a former employee, Wei Hua, over a claimed breach of a settlement deed. Despite a default judgment due to papers served to an outdated address, Mr. Lim is contesting the claim and the company is examining the matter in line with SGX-ST Catalist Rules concerning director integrity.
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