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Shen Yao Holdings Navigates Legal Challenges and Secures New Business Opportunities

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Shen Yao Holdings Navigates Legal Challenges and Secures New Business Opportunities

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Liongold ( (SG:A78) ) has provided an announcement.

Shen Yao Holdings Limited, a company registered in Singapore, is currently navigating legal challenges and strategic business efforts. The company has been involved in legal proceedings with Golden Point Group Pty Ltd and Tomson Pte. Ltd., with the High Court directing arbitration for the former and restraining winding-up proceedings for the latter. Despite these challenges, Shen Yao has entered into an agent agreement with JCS INVD PTE LTD to secure coal supplies, indicating its ongoing efforts to explore new business opportunities and comply with regulatory requirements.

More about Liongold

Current Market Cap: S$67.41M

Find detailed analytics on A78 stock on TipRanks’ Stock Analysis page.

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