ASA files lawsuit against Zico Capital, seeks interim injunction in Singapore High Court

• ASA filed a High Court claim in Singapore on July 22 against Zico Capital, escalating a fee dispute tied to advisory work.
• The case challenges Zico’s claimed professional fees from its roles on the LSO Organization Holdings acquisition, continuing sponsor services.
• ASA also sought an interim injunction to preserve the status quo pending the court’s decision on the substantive claims.
• The claim alleges breaches of duty by Zico, seeks damages, declaratory relief, disclosure of advisory materials, analyses, working papers.
• Zico’s claims remain disputed; the court has not ruled on ASA’s allegations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASA - Advanced Systems Automation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: INM26RMKA5ST3AP4) on July 23, 2026, and is solely responsible for the information contained therein.