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Alpha Energy Holdings ( (SG:VVL) ) has shared an announcement.
Alpha DX Group Limited, currently under judicial management, has been unable to secure necessary funding for its Scheme of Arrangement due to unsuccessful negotiations with lenders and alternative arrangements. With the judicial management order set to expire on March 9, 2025, and limited funding available, the Judicial Managers are considering winding up the company and delisting it from the Singapore Exchange unless a new investor emerges with a concrete offer.
More about Alpha Energy Holdings
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $20.19M
See more data about VVL stock on TipRanks’ Stock Analysis page.