Alpha DX flags going concern uncertainty after recent problems with creditors

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.