TWG, its founder lose court case against OSIM
Claims of oppressive conduct and conspiracy to injure dismissed
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Anita Gabriel
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Singapore
OSIM International scored big in a two-year- long legal battle on Friday after the Singapore High Court dismissed all claims against the firm by The Wellness Group (TWG) and its chairman Manoj Murjani for oppressive conduct and conspiracy to injure in relation to the lifestyle firm's shares in TWG Tea.
Judicial Commissioner Chua Lee Ming also dismissed a counterclaim by OSIM and its founder Ron Sim and four others against Mr Murjani - a co-founder of TWG Tea who has since left - for defamation and a separate defamation claim by Mr Murjani against OSIM and its directors. "TWG (the defendant) has failed to prove all its allegations," said Mr Chua in a written judgement on Friday.
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