I agree with a little of each sentiment. It may have been a way of stopping cash outflow or unreasonable judgement by the management or an injustice via arbitration.
I thought arbitration in Singapore had a decent reputation. Re: saving money, it didn't save any, merely deferred the bill, which they probably could have done via negotiation anyway.
It is not just a sunk cost issue; it would be nice to know whether the kit was sold for scrap or alternative use as MRM claims, as it points to the competence and honesty of the current management.
MRM Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held
