Court issues injunction to top rice milling firm

Battambang provincial court has issued an injunction halting the sale of any part of Loran Import Export Company in a dispute over ownership of the prominent rice milling firm, according to a statement. The plaintiffs, including prominent media personality Soy Sopheap as well as Uy Ang Eng, and Dy Borima, had become shareholders in Loran in July 2010, the injunction said. The dispute stems from a decision by Loran Import Export President and CEO Lim Bunheng to set up Loran Group in November last year, which excluded the plaintiffs in its ownership structure, Soy Sopheap’s lawyer Kuoy Thunna said yesterday.

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