Alita Resources told to apply for extension over court hearing

Singapore

THE Singapore Exchange's regulatory arm (SGX RegCo) has directed Alita Resources to apply for an extension of time for an Australian court hearing, related to its rescue plan that would see all shares in the Catalist-listed lithium miner transferred to another firm for nil consideration.

Alita is also required to hold an information session for Singapore shareholders, said SGX RegCo in a notice of compliance on Wednesday.