LBC Express Holdings Inc. (LBC) halted trading in its shares for an hour on Monday following the disclosure of a legal case filed against the courier involving allegedly unpaid fees amounting to P1.8 billion.
In a disclosure to the Philippine Stock Exchange (PSE), LBC Express said it was advised about the issuance of a summons and writ of preliminary attachment in relation to a case for the collection of money filed by affiliate LBC Development Bank Inc.
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