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Company Acquired - Employment Bond

James Lee
Member
Sun, 13 Oct 2019 10:14:21 PM  (Last updated: Mon, 14 Oct 2019 12:51:22 PM)
I am working in an academic instituition. I was given a study grant to pursue my master degree and bonded for three years for it. The company that bonded was later on acquired by a new company (my current employer).There is no non-assignment clause in my employment bond contract. My question is due to the transfer of ownership of the company, does my employment bond still stands ? Do i need to abide by it ?
KL Siew
Administrator
Mon, 14 Oct 2019 12:51:22 PM

I think it would be better for your to consult a lawyer as this involves contract law.

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