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Clearbridge Health's Indonesian subsidiary sued by JV partner

The Edge Singapore
The Edge Singapore • 2 min read
Clearbridge Health's Indonesian subsidiary sued by JV partner
This JV partner claims that a certain notarial deed has been made unlawfully, and is seeking damages of $102 million.
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SINGAPORE (May 31): Clearbridge Health said its indirectly-held subsidiary in Indonesia has been sued by a joint venture partner in Jakarta,

This partner, PT Tirta Medika Nusantara (TMN), claims that a certain notarial deed has been made unlawfully, and as such, seeking damages of IDR 1.06 trillion ($102 million).

TMN, according to a search of court filings in Indonesia, filed the suit on May 6, said Clearbridge Health via an SGX announcement on May 31.

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