The company is currently seeking legal advice on the lawsuit and will defend the above-mentioned action. APAC Realty's board intends to vigorously defend the lawsuit.
APAC Realty’s (SGX:CLN) wholly-owned subsidiary, ERA Realty Network Pte Ltd (ERA) has been named one of the three co-defendants in a lawsuit filed in the High Court.
The claimants are seeking to claim damages worth $731,212 against ERA for alleged breach of duty of care owed to them arising from the alleged negligent misrepresentation of one of ERA’s salespersons on a property transaction.

