Crystal Freight filed a statement of claim to recover $43,489.02 of unpaid services.
Vibrant Group Limited's subsidiary Crystal Freight Services has initiated legal proceedings against I-Land Industrial Park Holding for alleged unpaid services.
Crystal Freight filed a statement of claim to recover $43,489.02 from I-Land, according to an SGX filing.
I-Land has filed a counterclaim seeking $195,714.43 for alleged losses, damages, and other related costs incurred due to the late delivery of the cargo.
Crystal Freight's solicitors said that the counterclaim has little merit thereby taking all necessary steps to defend the abovementioned action.
The company does not expect the claim to have any material impact and will be updating its shareholders on the matter.
