Dow Jones reports that Singapore-based Informatics Holdings is being sued by its franchisee in Hainan for S$240,000 plus costs and damages.
The franchisee is made up of the Singapore-based companies KS Consultants Pte. Ltd. and Kim Seng Holdings Pte. Ltd., who have each accused Informatics of misrepresentation and breach of contract.
The claim against Informatics stems from the company's failure to renew an accreditation agreement with the University of Cambridge Local Examination Syndicate, or UCLES, after December 31, 2004.