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An announcement from H2G Green Limited ( (SG:5AI) ) is now available.
H2G Green Limited is addressing legal proceedings involving its CEO, Mr. Lim Shao-Lin, initiated by a former employee, Wei Hua. The company announced that Mr. Lim has met his obligations under a previously agreed settlement, and efforts are underway to withdraw the bankruptcy application filed against him. This development is crucial as it affects Mr. Lim’s position and the company’s compliance with Catalist Rules. The Nominating Committee will continue to evaluate Mr. Lim’s suitability as CEO, and further announcements will be made as necessary.
More about H2G Green Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$11.6M
Learn more about 5AI stock on TipRanks’ Stock Analysis page.