BM Mobility suspends trading after auditors flag going concern issues

Singapore

MAINBOARD-LISTED electric transport group BM Mobility (BMM) has called for an immediate suspension in the trading of its shares and warrants after its independent auditors said on Friday that there were material uncertainties that may cast significant doubt on its ability to continue as a going concern.

Shares of BMM, which is on the Singapore Exchange's (SGX) watch- list, last traded at 0.7 Singapore cent on Friday.