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Liongold ( (SG:A78) ) just unveiled an update.
Shen Yao Holdings Limited, registered in Singapore, is currently facing financial challenges, including a statutory demand filed by Tomson Pte. Ltd. The company is seeking legal advice to address this demand and is actively searching for new investors and business opportunities. Despite these challenges, the company is working with its Chairman and an Executive Director for potential funding to support its working capital needs. Additionally, the company has disclosed its monthly valuation of assets and cash utilization for February 2025, although it faces difficulties in ascertaining the accuracy of these figures due to the loss of control over key subsidiaries and the lack of recent financial statements.
More about Liongold
Current Market Cap: S$67.41M
For detailed information about A78 stock, go to TipRanks’ Stock Analysis page.