Boldtek Holdings Faces S$422K Legal Demand

Boldtek Holdings Faces S$422K Legal Demand

Boldtek Holdings Limited (SG:5VI) has released an update.

Boldtek Holdings Limited, currently under judicial management, announced it received a Letter of Demand from Huttons Asia Pte Ltd for an alleged debt of S$422,305.00 through its subsidiary NNB 8 Development Pte Ltd. While seeking legal advice, the company has promised to keep the market updated in compliance with SGX Catalist Listing Rules, reminding stakeholders that trading of its shares remains suspended since January 2023.

For further insights into SG:5VI stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App