forpressrelease Mail to a Friend
forpressrelease Rate forpressrelease forpressrelease forpressrelease forpressrelease forpressrelease 

Indo Global Exchange Pte., LTD Files US1.7 Million Lawsuit Against Kina Securities



2026-08-19 03:28:02 Business

541


Indo Global Exchange Pte., LTD Files US1.7 Million Lawsuit Against Kina Securities to Protect Interests of Indo Global Exchange Stockholders
JAKARTA, INDONESIA, December XX, 2015 ? Indo Global Exchange Pte., LTD (OTC Pink: IGEX) (the "Company") or (?IGEX?), a growing provider of online global markets and trading platforms for securities and commodities, announced today that its that it will filed a US1,700,000.00/AUD$2,400,000.00 lawsuit against Kina Securities for Breach of Contract. Kina Securities, a publicly traded Securities Broker, was previously a business partner of IGEX. The breach of contract refers to statements made in a September 6, 2015 Tweet on the social media website Twitter. IGEX believes the statement was false and misleading and also believes the Company was damaged in the form of in the form of lost revenue.
IGEX has retained the services of Goldhirsch and Shnider to represent the interests of its shareholders and the dispute will be litigated in the State of Victoria, Australia.
John O'Shea, Chief Executive Officer of IGEX, said, ?IGEX?s business is at an inflection point with significant value creation opportunities possible in the next 12 to 24 months. Recognizing this, we believe Kina Securities actions were defamatory to our business and their actions resuoted in a loss of future income."
For more daily information like our face book page https://www.facebook.com/indoglobalexchange.

User :- John OShea

Email :-john.oshea@igex.com

Phone :---

Mobile:- -



forpressrelease



Related Post

Advertisement

To ensure stability and reachability of your applications at all times, remote DDoS protection can keep your hosting services online

Sponsored News Release