MISCELLANEOUS :: SERVICE OF WRIT OF SUMMONS ON SUBSIDIARY
Aug 21, 2008
| Announcement Title | MISCELLANEOUS :: SERVICE OF WRIT OF SUMMONS ON SUBSIDIARY |
|---|---|
Issuer & Securities |
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| Issuer/ Manager | NTEGRATOR INTERNATIONAL LTD |
| Company Registration No. | 199904281D |
| Announcement submitted on behalf of | NTEGRATOR INTERNATIONAL LTD |
| Announcement is submitted with respect to * | NTEGRATOR INTERNATIONAL LTD |
| Announcement is submitted by * | Kenneth Sw |
| Designation * | Company Secretary |
| Date & Time of Broadcast | 21-Aug-2008 18:53:49 |
| Announcement No. | 00119 |
Announcement Details |
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| Announcement Title * | SERVICE OF WRIT OF SUMMONS ON SUBSIDIARY |
| Description | The Board of Directors of Ntegrator International Ltd (the Company or, the Group) wishes to announce that the Companys wholly-owned subsidiary, Ntegrator Pte Ltd (NPL) has been served a Writ of Summons (the Writ) by Victtory Remn Services (the Plaintiff).The Writ alleges, inter alia, that NPL has failed to make payment of S$395,978.12 in relation to freight forwarding services rendered to NPL. The Plaintiff has claimed for a sum of S$395,978.12, together with interest thereon, costs and such further or other relief as the Court may deem fit.The claim is under dispute and the Group will defend the Writ vigorously. The claim has been referred to NPLs solicitors for preparation of the Defence and Counterclaim. The Writ is not expected to have any material impact on the Groups performance in FY2008, as the principal sum claimed has been accounted for in the Groups accounts.Updates on the resolution will be announced in due course. BY ORDER OF THE BOARDNTEGRATOR INTERNATIONAL LTD |