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BlackGold Natural Resources Ltd. ( (SG:41H) ) has issued an announcement.
BlackGold Natural Resources has secured unanimous creditor approval for a revised rescue proposal under its ongoing judicial management. At a creditors’ meeting held on 31 December 2025, all voting creditors supported an offer from PT Rajawali Artha Global to invest S$1.6 million for an 85% equity stake in the restructured company, with the same amount earmarked to pay approximately 42.74 cents on the dollar to unsecured creditors with admitted claims of about S$3.74 million. The backing of 100% of creditors in both value and number, as well as the support of executive director and CEO Andreas Rinaldi, marks a key milestone in BlackGold’s restructuring and paves the way for a major change in ownership and a significant compromise of creditor claims as part of the company’s turnaround efforts.
More about BlackGold Natural Resources Ltd.
BlackGold Natural Resources Limited, incorporated in Singapore and currently under judicial management, operates in the natural resources sector. The company has been undergoing financial restructuring under court supervision as it works with creditors and potential investors to stabilise its operations and recapitalise the business.
Average Trading Volume: 1,100
Technical Sentiment Signal: Sell
Current Market Cap: S$3.23M
See more data about 41H stock on TipRanks’ Stock Analysis page.