Singapore Myanmar Investco faces summons linked to US$10.8m share sale
Singapore
A JOINT venture partner of mainboard-listed Singapore Myanmar Investco (SMI) has filed an originating summons to block SMI's US$10.8 million proposed disposal of TPR Myanmar.
SMI said on Wednesday night that the solicitors of Golden Infrastructure Group (GIG) had filed the summons seeking an injunction against the completion of the TPR sale to Tiger Infrastructure.
TRENDING NOW
Knight Frank Singapore CEO Galven Tan resigns after 2.5 years at helm
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
15-month wait-out curb lifted for private property owners buying HDB resale flats
Philippines’ income upgrade hides grim reality for most Filipinos