The Business Times
business-time-50

Serial System's stink of a dispute with durian partners lingers on

google-preferred-sourceAdd BT as a preferred source
Michelle Zhu

Michelle Zhu

Published Tue, Mar 15, 2022 · 09:50 PM

Singapore

SERIAL System's 55 per cent-owned subsidiary Bast Investment is facing pushback from its durian business joint venture (JV) parties regarding a litigation claim, announced the electronic parts distributor late on Monday (Mar 14).

Bast Investment had previously filed the claim against the group's 27.5 per cent-owned Malaysian JV company, Musang Durians Frozen Food, in the High Court of Malaysia.

Serial System LtdDisputes

TRENDING NOW

Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

For H1 2026, Seatrium’s net profit jumped 158.3% year on year to S$372.9 million.

Can Seatrium build on its robust H1 earnings? UOBKH and DBS analysts have divided views

Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

UOB group chief financial officer Leong Yung Chee (left) and AllianzGI CEO Tobias Pross at the signing of the strategic distribution partnership.

UOB to sell asset management arm to Allianz Global Investors for S$555 million, sharpen wealth advisory focus

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More