Silkroad Nickel receives writ of summons over reverse takeover fees

Singapore

CATALIST-LISTED Indonesian nickel mining group Silkroad Nickel and its two executive directors have been named as defendants in a writ of summons by four Malaysian-based lawyers who were involved in the reverse takeover of the company by FE Resources.

The writ was filed in Singapore's High Court on Nov 27 by Lee Kien Han, Tee Yee Koon, Phang Soon Mun and Alvin Lee Sze Chang, Silkroad Nickel announced on Monday morning. Silkroad Nickel's major shareholder Far East Mining was also named as a co-defendant.