Singapore High Court Dismisses Advanced Systems' Injunction Plea in Zico Capital Case

MT Newswires09-08 12:46

Advanced Systems Automation's (SGX:WJ9) petition for an interim injunction against Zico Capital over a disputed advisory fee was rejected by the Singapore High Court, according to a Monday filing to the Singapore stock exchange.

The High Court of the Republic of Singapore has also ordered the company to pay costs of SG$18,000 to Zico Capital.

The company clarified that the dismissal does not dispose of its substantive claim against ZICAP, which remains ongoing.

The lawsuit is in relation to the professional fees claimed by Zico for the company's acquisition of LSO Organization.

Advanced Systems said it is evaluating whether to seek permission to appeal against the High Court's decision to the Appellate Division of the High Court within 14 days.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2665344963?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-08 12:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2665344963","market":"sg","top_or_hot":-1,"title":"Singapore High Court Dismisses Advanced Systems' Injunction Plea in Zico Capital Case","media":"MT Newswires","content":"<html><body><p> Advanced Systems Automation's (SGX:WJ9) petition for an interim injunction against Zico Capital over a disputed advisory fee was rejected by the Singapore High Court, according to a Monday filing to the Singapore stock exchange.</p><p>The High Court of the Republic of Singapore has also ordered the company to pay costs of SG$18,000 to Zico Capital.</p><p>The company clarified that the dismissal does not dispose of its substantive claim against ZICAP, which remains ongoing.</p><p>The lawsuit is in relation to the professional fees claimed by Zico for the company's acquisition of LSO Organization.</p><p>Advanced Systems said it is evaluating whether to seek permission to appeal against the High Court's decision to the Appellate Division of the High Court within 14 days.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore High Court Dismisses Advanced Systems' Injunction Plea in Zico Capital Case</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore High Court Dismisses Advanced Systems' Injunction Plea in Zico Capital Case\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-09-08 12:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Advanced Systems Automation's (SGX:WJ9) petition for an interim injunction against Zico Capital over a disputed advisory fee was rejected by the Singapore High Court, according to a Monday filing to the Singapore stock exchange.</p><p>The High Court of the Republic of Singapore has also ordered the company to pay costs of SG$18,000 to Zico Capital.</p><p>The company clarified that the dismissal does not dispose of its substantive claim against ZICAP, which remains ongoing.</p><p>The lawsuit is in relation to the professional fees claimed by Zico for the company's acquisition of LSO Organization.</p><p>Advanced Systems said it is evaluating whether to seek permission to appeal against the High Court's decision to the Appellate Division of the High Court within 14 days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WJ9.SI","symbol_name":"卓越自动系统","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2665344963","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2665344963","pubTimestamp":1788842762,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Advanced Systems Automation's (SGX:WJ9) petition for an interim injunction against Zico Capital over a disputed advisory fee was rejected by the Singapore High Court, according to a Monday filing to t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WJ9.SI":"卓越自动系统","BK6063":"半导体设备"},"translate_title":"新加坡高等法院驳回 Advanced Systems 在 Zico Capital 案中的禁令请求","themeId":"b010cf239ffd4765bcd3edd8f767f746","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WJ9.SI":0.9},"content_text":"Advanced Systems Automation's (SGX:WJ9) petition for an interim injunction against Zico Capital over a disputed advisory fee was rejected by the Singapore High Court, according to a Monday filing to the Singapore stock exchange.The High Court of the Republic of Singapore has also ordered the company to pay costs of SG$18,000 to Zico Capital.The company clarified that the dismissal does not dispose of its substantive claim against ZICAP, which remains ongoing.The lawsuit is in relation to the professional fees claimed by Zico for the company's acquisition of LSO Organization.Advanced Systems said it is evaluating whether to seek permission to appeal against the High Court's decision to the Appellate Division of the High Court within 14 days.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2665344963","isCrawlerRequest":true}