July 27 (Reuters) - Memphasys Ltd (MEM)
- Concluded mediation with Pulau Manukan Ventures Labuan & Prime Biologics Private & has reached full settlement on all outstanding disputes
- Prime Biologics has agreed to make or discharge certain Memphasys' payment obligations to third parties up to a certain agreed amount
- Prime Biologics agreed to ship certain machinery to Memphasys' premises in Sydney & to make payments related to outstanding obligations on said machinery
- Prime Biologics and Pulau Manukan will no longer pursue any claim against Memphasys in relation to S$4.8m debt associated with certain equipment
