Fu Yu Files Defense Against Evertree's Arbitration Claim

MT Newswires09-27

Fu Yu (SGX:F13), a precision engineering manufacturer, has provided an update regarding a letter of demand received by its unit, Fu Yu Supply Chain Solutions, related to a claim from Evertree, according to a Thursday filing on the Singapore Exchange.

The company said its legal counsel, Rajah & Tann Singapore LLP, has filed a defense response to Evertree's notice of arbitration with the Singapore International Arbitration Centre.

Fu Yu plans to contest Evertree's claim, which it deems as unmerited.

Price (SGD): S$0.13, Change: S$-0.0010, Percent Change: -0.79%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470748371?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 10:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470748371","market":"sg","top_or_hot":-1,"title":"Fu Yu Files Defense Against Evertree's Arbitration Claim","media":"MT Newswires","content":"<html><body><p> Fu Yu (SGX:F13), a precision engineering manufacturer, has provided an update regarding a letter of demand received by its unit, Fu Yu Supply Chain Solutions, related to a claim from Evertree, according to a Thursday filing on the Singapore Exchange.</p><p>The company said its legal counsel, Rajah &amp; Tann Singapore LLP, has filed a defense response to Evertree's notice of arbitration with the Singapore International Arbitration Centre.</p><p>Fu Yu plans to contest Evertree's claim, which it deems as unmerited.</p><p>Price (SGD): S$0.13, Change: S$-0.0010, Percent Change: -0.79%</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fu Yu Files Defense Against Evertree's Arbitration Claim</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFu Yu Files Defense Against Evertree's Arbitration Claim\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 10:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fu Yu (SGX:F13), a precision engineering manufacturer, has provided an update regarding a letter of demand received by its unit, Fu Yu Supply Chain Solutions, related to a claim from Evertree, ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6504","symbol_name":"工业制品概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470748371","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470748371","pubTimestamp":1727404738,"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Fu Yu , a precision engineering manufacturer, has provided an update regarding a letter of demand received by its unit, Fu Yu Supply Chain Solutions, related to a claim from Evertree, according to a Thursday filing on the Singapore Exchange.The company said its legal counsel, Rajah & Tann Singapore LLP, has filed a defense response to Evertree's notice of arbitration with the Singapore International Arbitration Centre.Fu Yu plans to contest Evertree's claim, which it deems as unmerited.Price : S$0.13, Change: S$-0.0010, Percent Change: -0.79%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6504":"工业制品概念","F13.SI":"富裕集团","BK6073":"工业机械"},"translate_title":"付宇对Evertree的仲裁请求提出抗辩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F13.SI":0.9},"content_text":"Fu Yu (SGX:F13), a precision engineering manufacturer, has provided an update regarding a letter of demand received by its unit, Fu Yu Supply Chain Solutions, related to a claim from Evertree, according to a Thursday filing on the Singapore Exchange.The company said its legal counsel, Rajah & Tann Singapore LLP, has filed a defense response to Evertree's notice of arbitration with the Singapore International Arbitration Centre.Fu Yu plans to contest Evertree's claim, which it deems as unmerited.Price (SGD): S$0.13, Change: S$-0.0010, Percent Change: -0.79%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470748371"}