JES

JES - The group annouced today that it has received a letter from its lender's legal counsel alleging that the Company has committed a default under the Agreement by failing to make due payment of maintenance fee pursuant to the terms of the Agreement, although the co. is taking the position that there is no default under the agreement. More info can be found via the link below. http://infopub.sgx.com/FileOpen/JES Announcement - Dispute on Loan Maintenance Agreement.ashx?App=Announcement&FileID=303790