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579 Oceanus News Story

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Brief: Oceanus Group updates on legal proceedings

Sept 2 (Reuters) - Oceanus Group Ltd  OCGL.SI : 
 * Filing of defence and counterclaim)  OCGL.SI  
 * Co has counterclaimed against OKGL for specific performance of the loan agreement and damages for breach of loan agreement 
 * Company has also joined Cap 1 Financial Pte Ltd as a defendant by counterclaim in the action by claiming 
 * Refers to announcement in relation to an action against co commenced by Ocean King Group Limited in High Court Of Republic Of Singapore 
 * Co claimed damages for inducing OKGL's breach of loan agreement against cap 1 financial pte ltd 
 
 * Source text for Eikon  ID:nSNZ7J5tw6  
 
 * ((Further company coverage:  OCGL.SI )) 
   ((Bangalore.newsroom@thomsonreuters.com))

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