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No Signboard says legal proceedings over beer deliveries will not materially affect finances and business operations

Amala Balakrishner
Amala Balakrishner12/10/2021 9:31 PM GMT+08  • 2 min read
No Signboard says legal proceedings over beer deliveries will not materially affect finances and business operations
The SGX query follows claims from Sprawl for about $1.5 million due to an alleged shortfall of beer delivered 2014 - 2020.
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Restaurant operator No Signboard Holdings says that the legal proceedings over its beer deliveries will not materially affect its financial position and ability to do business.

The comment was made in a regulatory filing on Dec 10, in response to queries from SGX (Singapore Exchange) over claims involving subsidiary Danish Brewery and wholesale distributors Sprawl Transport & Logistic.

The query follows some $1.5 million in claims made by Sprawl due to an alleged shortfall of beer delivered between 2014 and 2020.

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