Pine Capital about to lose listing sponsor
Asian Corporate Advisors will stop its sponsorship on Sept 27; compliance concerns cited
Add BT as a preferred source
Annabeth Leow
Singapore
TROUBLED Catalist-listed investment firm Pine Capital will lose its listing sponsor over the weekend because of compliance concerns, the board disclosed in a filing on Friday.
The board is now in talks with potential sponsor candidates, it added, although it warned that any incoming sponsor could take up to a month to carry out due diligence.
TRENDING NOW
Extra S$300 in CDC Vouchers, U-Save rebates for households as part of S$900 million support package
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
Singapore banks’ battle for wealth talent goes beyond private bankers
Singapore rolls out S$900 million support package for businesses, households in light of Iran war
