Ann: Singapore Legal Update, page-17

as usual fake and false allegations from the usual suspects. no settlement was ever announced or implied by xst nor ever reported by xst,, its pure fantasy and made up fake and false

"Xstate has reached a confidential agreement with Chloe and she has agreed to withdraw her challenges to the Australian and Singapore judgments. Xstate will continue its endeavours and determination to take all reasonable legal steps available to the Company to preserve its rights."

the statement never refers to any financial "settlement" with chloe  and any inference that there was one imho is completely false and should be withdrawn there is nothing in any report to the shareholders implying a financial settlement.

there is simply reporting on an agreement on the challenges made by chloe and  by the way its worded, xstate has preserved its rights

absolutely misleading and false to say otherwise..  all designed to deflect from the real issue in the release

In mid August 2018, Xstate’s layers attended an Examination of Judgment Debtor (EJD) Hearing in relation to Tanzil. Xstate has elected to suspend the EJD process for the time being and has commenced contempt proceedings against Tanzil.
On September 17, 2018, Xstate advised that the Singapore High Court Judge found that Hong Hung Thiam was liable for contempt and sentenced him to a fine of SGD15,000, and in default of payment, 10 days imprisonment. This is a significant step forward for Xstate’s claim against the three defendants and clearly demonstrates to all three defendants that the Court will not tolerate non compliance with Court orders and more importantly is prepared to consider a custodial sentence if warranted.