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04-02-2022, 12:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Restaurant operator No Signboard has received letters of demand from the landlords of two of its fast-food outlets, for more than $176,000 in arrears of rental and other monies owing.
Its board is of the view that these claims will have a material adverse impact on the group's financial position and performance, said No Signboard in a bourse filing on Thursday night (Feb 3).
It added that the landlords have each threatened legal proceedings if the group fails to pay the sums.
More at...
Read more (https://www.sammyboy.com/threads/no-signboard-jialat-liao-owe-more-than-176k-in-rent.315789/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/no-signboard-jialat-liao-owe-more-than-176k-in-rent.315789/).
Restaurant operator No Signboard has received letters of demand from the landlords of two of its fast-food outlets, for more than $176,000 in arrears of rental and other monies owing.
Its board is of the view that these claims will have a material adverse impact on the group's financial position and performance, said No Signboard in a bourse filing on Thursday night (Feb 3).
It added that the landlords have each threatened legal proceedings if the group fails to pay the sums.
More at...
Read more (https://www.sammyboy.com/threads/no-signboard-jialat-liao-owe-more-than-176k-in-rent.315789/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/no-signboard-jialat-liao-owe-more-than-176k-in-rent.315789/).