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CapAllianz Holdings Limited ( (SG:594) ) has issued an announcement.
CapAllianz Holdings Limited has announced the suspension of its technical service agreement with GPT Desk Pte. Ltd. due to the latter’s failure to meet payment obligations, resulting in significant outstanding fees. The company emphasizes that this suspension does not equate to a termination of the agreement, as they remain open to resuming services if payments are settled. The board will continue to monitor the situation and update shareholders accordingly.
More about CapAllianz Holdings Limited
CapAllianz Holdings Limited, incorporated in Singapore, operates in the technical services industry, focusing on providing specialized services to various clients, including companies like GPT Desk Pte. Ltd.
Current Market Cap: S$18.41M
For a thorough assessment of 594 stock, go to TipRanks’ Stock Analysis page.