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Mercurius Capital Investment Limited Settles Legal Dispute and Faces Financial Demand

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The latest announcement is out from Mercurius Capital Investment Limited ( (SG:5RF) ).

Mercurius Capital Investment Limited has reached a settlement agreement with Mr. Hester Chew, requiring a one-time payment of S$365,000 within three months, which will result in the discontinuance of legal proceedings between the parties. Additionally, the company has received a notice of demand from Songmart’s liquidator for RM364,749 related to stamp duty, impacting its financial obligations.

More about Mercurius Capital Investment Limited

Mercurius Capital Investment Limited is a company incorporated in Singapore, operating in the investment sector. The company, along with its subsidiaries, focuses on capital investments and asset management.

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$22.29M

See more insights into 5RF stock on TipRanks’ Stock Analysis page.

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