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News: MEM Memphasys updates on outcome of legal action on preference B share call option

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    16/01/17
    20:48
    Post #: 21931697

    Jan 16 (Reuters) - Memphasys Ltd (MEM)

    • Outcome of legal action on preference B share call option
    • Temporary injunction placed against Manukan to transfer and register preference B shares in their name was discharged
    • "Manukan is legally restrained from dealing with preference B shares unless call option is found to be enforceable"
    • Call option relating to company's preference B shares in Prime Biologics Pte Ltd
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