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Bromat Holdings Faces Potential Winding-Up Over Unpaid Debts

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Bromat Holdings Faces Potential Winding-Up Over Unpaid Debts

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

Bromat Holdings Ltd., incorporated in Singapore, has received a statutory demand from Sandbox Studio Pte Ltd concerning outstanding payments for Addition and Alteration works. The company had previously entered a settlement agreement to pay S$270,122.66 in three installments but failed to complete the payments, leaving a remaining outstanding sum of S$145,122.66. If the sum is not paid within three weeks, Sandbox may file a winding-up application against Bromat Holdings. The company has advised shareholders and potential investors to exercise caution and will provide updates on any developments.

More about No Signboard Holdings Ltd.

Average Trading Volume: 33,822

Technical Sentiment Signal: Sell

Current Market Cap: S$15.41M

See more insights into 9I7 stock on TipRanks’ Stock Analysis page.

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