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V2Y Corporation Faces Legal Demand Over Defamation Claims

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V2Y Corporation Faces Legal Demand Over Defamation Claims

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An update from V2Y Corporation Ltd. ( (SG:V2Y) ) is now available.

V2Y Corporation Ltd., a company incorporated in Singapore, has received a letter of demand from Mr. Ang Wei Yang Felix, alleging defamatory statements were made against him in recent company announcements. Mr. Ang is seeking damages of S$95,000, a public retraction, and a written apology. The company is currently seeking legal advice and has suspended trading of its securities on the SGX-ST to address the matter. The financial impact of the legal proceedings is currently undetermined, and further updates will be provided to shareholders as necessary.

More about V2Y Corporation Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: S$3.71M

See more data about V2Y stock on TipRanks’ Stock Analysis page.

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