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Liongold ( (SG:A78) ) has shared an update.
Shen Yao Holdings Limited, a company listed on the Singapore Exchange, is currently navigating legal challenges related to a statutory demand from Tomson Pte. Ltd. The company has sought legal counsel and filed an injunction to prevent potential winding-up proceedings. Despite these challenges, Shen Yao is actively pursuing new investors and business opportunities to comply with listing requirements and secure additional funding for operational needs. The company has also submitted a revised application for an extension to meet listing criteria, demonstrating its commitment to stabilizing its financial position.
More about Liongold
Current Market Cap: S$67.41M
For a thorough assessment of A78 stock, go to TipRanks’ Stock Analysis page.