LifeBrandz loss worsens to S$7.63m in FY15

Singapore

AS shareholders of struggling nightspot operator LifeBrandz continue to wait for an update on the outcome of its latest attempt to secure a reverse takeover, the company sank deeper into the red.

The mainboard-listed firm, now a micro-penny stock, posted a S$7.63 million loss for full-year 2015 on Tuesday night - even worse than the S$5.75 million loss it posted the previous year.