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Regarding the claim for damages by JTrust Asia Pte. Ltd. against Group Lease Holdings Pte. Ltd. and filling of the provisional order to freeze assets in Singapore
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We are informed that JTrust Asia Pte.Ltd. filled claims for damages and provisional order to freeze assets against our subsidiary in Singapore, Group Lease Holdings Pte. Ltd. to the Singapore Court of Appeal, and the court ruled the provisional order to freeze assets against GLH.
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