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Asiatic Group (Holdings) Ltd. ( (SG:5CR) ) has issued an update.
Asiatic Group’s indirect subsidiary, Colben Energy Holding, has issued a letter of demand to Colben Energy Cambodia for the repayment of a loan amounting to USD 8,136,000. The subsidiary plans to enforce its rights under existing loan agreements by demanding the transfer of pledged shares from Royal Group Phnom Penh SEZ if the loan remains unpaid. The action is not expected to materially impact the group’s financial metrics for the fiscal year ending March 2026.
More about Asiatic Group (Holdings) Ltd.
Asiatic Group (Holdings) Ltd., incorporated in Singapore, operates in the energy sector through its indirect subsidiary, Colben Energy Holding (PPSEZ) Limited. The company focuses on energy solutions and has a market presence in Cambodia.
Current Market Cap: S$12.02M
Find detailed analytics on 5CR stock on TipRanks’ Stock Analysis page.