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H2G Green Limited ( (SG:5AI) ) has shared an announcement.
H2G Green Limited has provided an update on legal proceedings involving its CEO, Mr. Lim Shao-Lin, who is facing a bankruptcy application filed by a former employee, Wei Hua. The court has extended the deadline for Mr. Lim to seek legal protection under Singapore’s Insolvency, Restructuring, and Dissolution Act 2018, allowing him time to propose a resolution to his creditors. The company’s board and nominating committee are closely monitoring the situation to evaluate Mr. Lim’s continued suitability in his roles, ensuring compliance with regulatory rules.
More about H2G Green Limited
H2G Green Limited is a company incorporated in Singapore, operating in the industry with a focus on its primary products and services, although specific details are not provided in the announcement.
Average Trading Volume: 724,750
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$9.98M
See more data about 5AI stock on TipRanks’ Stock Analysis page.