SINGAPORE (Aug 22): PSL Holdings says Sudirman Kurniawan, its director for marine logistics, has filed an application against the group in Indonesia.

This comes on the back of the group’s acquisition of a 49% stake in PT Momentum Indonesia Investama from Kurniawan and Angelo Fernandus in November 2015.

As part of the sale and purchase agreement, PSL had requested for a change of the nominee directors following the resignation of two directors representing the group on the board of Investama, but this was resisted by Kurniawan.

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