Tuan Sing: Sale Committee Of Gilstead Court Claiming S$15 Million - TopicsExpress

Tuan Sing: Sale Committee Of Gilstead Court Claiming S$15 Million For Alleged Breach Of Contract. 24 Oct 2013 10:09 The Office Bearers of of Gilstead Court have alleged that the Purchaser, Dillenia Land Pte. Ltd., a wholly owned subsidiary of Tuan Sing Holdings Limited has committed a breach of the Contract by making an offer of S$135,000 to relieve the Non-consenting Vendors of their alleged liability under the Offensive Clauses as an inducement for the Non-consenting Vendors to withdraw their objections to the collective sale. The Office Bearers are claiming a sum of S$15,016,800 from the Purchaser as liquidated damages for the alleged breach of the Contract... shareinvestor/news/news.html?source=sg_si_express&nid=70609

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