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Foreland Fabrictech hit with enforcement notice over China suit

The suit involves a lending and guarantee deal going back to 2013; firm says its board didn't know about it

Published Tue, Jul 10, 2018 · 09:50 PM

Singapore

FORELAND Fabrictech Holdings and one of its units have received a court enforcement notice from Fujian Jinjiang People's Court over an undisclosed lawsuit that began in 2013, involving a private lending and guarantee agreement over seven million yuan (S$1.4 million).

The company said in a Singapore Exchange (SGX) filing on Monday night that the current board was unawar…

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