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Coolan Group Seeks Clarifications on Trading Resumption Conditions

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Coolan Group Seeks Clarifications on Trading Resumption Conditions

New Silkroutes Group Limited ( (SG:BMT) ) has issued an update.

Coolan Group Limited has sought clarifications from the Singapore Exchange Securities Trading Limited (SGX-ST) regarding conditions imposed on its resumption of trading proposal, following a rejection. The company emphasized the need for timely approval of new auditors to meet financial reporting deadlines and highlighted challenges in obtaining necessary governmental approvals for connecting HYI’s railway to China’s Shenhua Railway, which may impact the revised trading proposal.

More about New Silkroutes Group Limited

Coolan Group Limited, formerly known as New Silkroutes Group Limited, is incorporated in Singapore and operates within a diversified industry sector. The company focuses on strategic investments and partnerships, with a market emphasis on infrastructure and logistics, particularly in connecting railway systems.

Current Market Cap: S$15.63M

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

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