You are here

China Sky requests trading halt after SGX queries on unannounced lawsuits

Monday, August 8, 2016 - 08:44

39127467 - 19_07_2016 - pixsgx.jpg
China Sky Chemical Fibre on Monday requested a trading halt with immediate effect.

CHINA Sky Chemical Fibre on Monday requested a trading halt with immediate effect.

In a filing to the Singapore Exchange (SGX), under "reasons for trading halt", the chemical fibres manufacturer said: "Pending company's response to SGX's queries on whether there are any unannounced lawsuits. The board of directors of the company is in the process of ascertaining the state of affairs of the company and whether the company is able to operate as a going concern."

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom