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TIH Limited Faces Legal Setback, Financial Impact Limited

TIH Limited Faces Legal Setback, Financial Impact Limited

TIH Limited (SG:T55) has released an update.

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TIH Limited has announced the Singapore International Commercial Court’s decision favoring Transpac Investments Limited in their legal dispute, entitling Transpac to close their bond account and retrieve the bond amount and interest. The company is considering an appeal and maintains that the outcome does not materially affect its financial position or prospects. Further updates will be provided to shareholders as necessary.

For further insights into SG:T55 stock, check out TipRanks’ Stock Analysis page.

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