Stamford Land wins $1.9m claim against UOB after gross negligence finding
The Straits Times reports that the finding concerned UOB’s non-compliant advice on allocating excess shares in Stamford Land’s 2021 rights issue.
TLDR
The Straits Times reports that Stamford Land won a $1.9m claim against UOB. The bank was found grossly negligent over non-compliant advice on excess share allocations in a 2021 rights issue.
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