Asiaphos unit's ex-employees appeal to get severance pay
DeeperDive is a beta AI feature. Refer to full articles for the facts.
PHOSPHATE miner Asiaphos said on Wednesday that 12 out of 20 ex-employees of its wholly-owned subsidiary, Sichuan Mianzhu Norwest Phosphate Chemical Co, are appealing the decision by Mianzhu Municipal People's Court to dismiss their claims for severance pay amounting to 1.844 million yuan (S$357,347).
The 20 employees had resigned sometime in 2018, Asiaphos said.
The notice of appeal was issued by Deyang Intermediate Court.
If Deyang Intermediate Court accepts the appeal, Mianzhu Norwest may receive a follow-up notice of claim.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute