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EcoWise Holdings Receives SGX-ST Approval for Trading Resumption

Story Highlights
  • EcoWise Holdings received SGX-ST’s no-objection for its trading resumption proposal.
  • The company must meet conditions to ensure financial stability and operational continuity.
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EcoWise Holdings Receives SGX-ST Approval for Trading Resumption

Ecowise Holdings Limited ( (SG:5CT) ) has issued an announcement.

EcoWise Holdings Limited has received a no-objection notification from the Singapore Exchange Securities Trading Limited (SGX-ST) regarding its trading resumption proposal. The company must meet specific conditions, including financial support from Mr. Lee Thiam Seng and confirmations from the Board of Directors and its sponsor, SAC Capital Private Limited, to ensure the company’s ability to continue operations and maintain sufficient working capital. This development is crucial for EcoWise Holdings as it aims to resume trading and stabilize its financial standing, impacting its stakeholders and market position.

More about Ecowise Holdings Limited

Current Market Cap: S$74.01M

Learn more about 5CT stock on TipRanks’ Stock Analysis page.

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