Lawsuit from ex-advisers adds to claims arising from Hao Mart’s lease of Taste Orchard
Avista Advisory Partners and Avista Corporate Finance lodge lawsuit in mid-July, alleging non payment of fees
Former advisers Avista Advisory Partners and Avista Corporate Finance filed a lawsuit in mid-July, claiming over S$5.2 million in unpaid fees. Dr Tan Kim Yong, the director, chairman, and CEO of Advanced Integrated Manufacturing and former listed electronics manufacturing company, along with Hao Corp, a wholly-owned investment holding firm of Dr Tan, are accused of failing to pay the financial and strategic services they rendered.
Dr Tan and Hao Corp own Hao Mart, but the supermarket operator is not involved in the ongoing legal proceedings.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
