The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

Mercurius Capital Investment 'in advanced talks' for possible investment

Published Mon, May 20, 2019 · 10:30 AM
Share this article.

MERCURIUS Capital Investment said on Monday that it is currently "in an advanced stage of negotiation" for a joint venture and business investment, and will update shareholders when there are material developments.

On March 28, the company had applied to the Singapore Exchange to seek an extension of the deadline of March 31 to demonstrate that it has a viable business to maintain its listing status. 

The company noted on Monday that there is no certainty yet that the Exchange will approve its application. 

Mercurius has called for its trading halt to be lifted. Its shares will resume trading on Tuesday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here