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Bromat Holdings Faces Demand for Outstanding Sponsorship Fees

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Bromat Holdings Faces Demand for Outstanding Sponsorship Fees

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No Signboard Holdings Ltd. ( (SG:9I7) ) has shared an update.

Bromat Holdings Ltd., along with its subsidiaries, received a letter of demand from PrimePartners Corporate Finance Pte Ltd. for an outstanding sponsorship fee and interest totaling S$78,964.96. The company has accounted for this financial obligation in its recent financial results and does not foresee any material impact on its financial health. Bromat Holdings asserts that this situation will not disrupt its business operations and is currently negotiating with the former sponsor to resolve the matter.

More about No Signboard Holdings Ltd.

YTD Price Performance: -42.50%

Average Trading Volume: 76,300

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$14.18M

For an in-depth examination of 9I7 stock, go to TipRanks’ Stock Analysis page.

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