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H2G Green Limited ( (SG:5AI) ) has provided an update.
H2G Green Limited announced a private settlement has been reached between its CEO, Mr. Lim Shao-Lin, and former employee Wei Hua, regarding the bankruptcy application filed by the latter. The settlement is expected to be fulfilled by February 14, 2025, eliminating the need for Mr. Lim to seek court intervention or propose arrangements to creditors. The Board and Nominating Committee will continue to evaluate Mr. Lim’s suitability for his roles, ensuring compliance with regulatory requirements, and will provide updates on any significant developments.
More about H2G Green Limited
H2G Green Limited, incorporated in Singapore, operates in the industry with a focus on sustainable practices. The company, along with its subsidiaries, is involved in providing environmentally conscious solutions as part of its market focus.
Average Trading Volume: 777,400
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$10.15M
For a thorough assessment of 5AI stock, go to TipRanks’ Stock Analysis page.
