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Attika Group Ltd. Resolves Key Legal Disputes and Awaits Court Ruling on Employee Claim

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Attika Group Ltd. Resolves Key Legal Disputes and Awaits Court Ruling on Employee Claim

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An announcement from Attika Group Ltd. ( (SG:53W) ) is now available.

Attika Group Ltd. has concluded its legal suit with Terrenus, as the latter has paid the full judgment sum and the appeal period has expired. Additionally, the company settled its claim against Hao Mart, receiving the full settlement sum, which will not materially impact its financials. The court dismissed URS’s application for a creditors’ meeting, placing it into judicial management, leading to Attika’s claim dismissal. A workplace accident claim involving a former employee remains unresolved but is expected to be covered by insurance.

More about Attika Group Ltd.

Attika Group Ltd., incorporated in the Republic of Singapore, operates in an unspecified industry with a focus on providing products or services through its subsidiary. The company is involved in legal proceedings and settlements as part of its operations.

YTD Price Performance: 3.12%

Average Trading Volume: 109,547

See more data about 53W stock on TipRanks’ Stock Analysis page.

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