Three more Embed Financial employees file salary claims, bringing total to nine
All employees have reached payment agreements with the Singapore firm, which separately faces charges for unpaid CPF contributions.
Three additional Embed Financial Group Holdings employees have filed salary claims, increasing the total to nine, according to the Tripartite Alliance for Dispute Management (TADM). All nine employees have since reached agreements on payment schedules following mediation by TADM. The dispute arose as Embed faced separate issues over unpaid CPF contributions and potential offenses under the Employment Act.
The company is also dealing with the termination of a proposed sale to Income Insurance and partnerships with QuikBot Technologies and SimplyGo remaining unaffected.
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