Quantum Healthcare unit faces legal action over USD 120,000 in unpaid director fees
Bitget2026/11/02 11:11- Quantum Healthcare's wholly owned subsidiary QT Vascular received a demand on October 30, 2026, for USD 120,000 in unpaid director's fees.
- Former director Sho Kian Hin seeks payment for fiscal years 2019 and 2020.
- His solicitor threatened legal proceedings against QT Vascular unless payment is made within 14 days of the letter's date.
- The company expects no material impact on QT Vascular's proposed sale to EP Systems under the October 8, 2026, agreement.
- The sale agreement disclosed the potential liability and provides for an as-is sale, leaving no basis for termination over the claim.
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