RE: Mwanwhile, how do they fund a legal claim in singapore?13 Feb 2026 11:30
BFD, who wrote that nonsense you are replying to?
How do they fund a legal claim? Issuing proceedings against someone with the relevant KC’s (when in U.K.) involved and getting to the stage where court action is real, and the defendants have to treat it as such is not huge amounts of money. I know because I am involved with a case in the U.K. now.
The question that should be asked is how do individuals defend they case, and more importantly at this stage where there is confirmation that you are not joking about going to court, the majority of cases settle, look up the %’s yourself.
Yes it takes time, so my assumption is this aspect of the Semnet situation might settle in 6-12 months or if going the full way 12-24 months?
The case in reality is also simple (for both sides) as you are discussing a clause in a contract and how that’s been breached so again we are not talking decades of investigation etc, of which 90% would have been done at arbitration stage.
Just sit back and see if GST confirm anything else about the many areas of the business that are nothing to do with a historical issue on Semnet. Heck next week Semnet might even get new contracts and that’s just 1 small area of GST. What’s Angra doing? BAKE? Stable coins? License applications, South america expansion etc.
Just chill the drop is over done it will move back up and the next news once again selects the SP direction.