Fintech Ayondo calls for trading halt
Ng Ren Jye
DeeperDive is a beta AI feature. Refer to full articles for the facts.
CATALIST-LISTED fintech company Ayondo has called for a trading halt at 7.40am on Wednesday, pending an announcement.
The social trading platform had announced on Jan 23 the resignation of its CEO Robert Lempka.
It had posted a second-quarter 2018 net loss of three million Swiss francs (S$4.1 million) from a loss of 1.5 million francs for the same period a year ago as trading revenue dipped.
Its shares last traded down 1.2 Singapore cents, or 20 per cent, at S$0.048 on Tuesday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar