Satya Capital sues China Aviation Oil
Indonesian firm Satya Capital Limited is suing China Aviation Oil (Singapore) Corp and it parent company China Aviation Oil Holding Company for over $28 million for an alleged breach of a share purchase agreement, CAO (Singapore) Corp said late Wednesday.
The claim against CAOHC is for alleged conspiracy with its daughter company to break the share purchase agreement, CAO (Singapore) Corp said.
The amount being claimed is S$47,160,000, ($28,650,000) plus damages, CAO
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