Rich Capital calls for voluntary trading suspension
Add BT as a preferred source
Vivienne Tay
DeeperDive is a beta AI feature. Refer to full articles for the facts.
MINING company Rich Capital has requested a trading suspension on Thursday morning before the market opened. This follows a trading halt on June 24.
The company called for the trading suspension pending announcements regarding the receipt of a legal letter, the exit of its executive director of finance, and the conclusion of an independent review addressing issues raised, it said in a bourse filing.
Shares of the company last closed up 0.2 Singapore cent, tripling to 0.3 cent on June 21.
The company most recently announced on June 14 that it was in the process of receiving a S$2 million advance payment guarantee from an associate company relating to a development project in Batam, Indonesia.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
