Fintech Ayondo calls for trading halt

Published Wed, Jan 30, 2019 · 12:19 AM

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.

BT is now on Telegram!

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

Companies & Markets

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