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Alpha DX flags going concern uncertainty after recent problems with creditors

Tan Nai Lun

Tan Nai Lun

Published Tue, Mar 15, 2022 · 09:50 PM

Singapore

LEARNING solutions company Alpha DX Group flagged uncertainty over its ability to continue as a going concern, in its response to queries from the Singapore Exchange (SGX) on Tuesday (Mar 15).

The company noted that since its previous going-concern assessment on Mar 2, it has received a letter of statutory demand, and negotiations with its creditors have either deteriorated or not yielded desired outcomes.

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