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Imperium Crown Limited ( (SG:5HT) ) has issued an update.
Imperium Crown Limited has responded to queries from the Securities Investors Association (Singapore) regarding its corporate governance and strategic direction. The company clarified the status of Mr. Sun Bowen, who was suspended from his role as an executive director following a fact-finding exercise related to the sale of the Group’s assets in China. Additionally, the company highlighted the efforts of executive director Mr. Tan Keng Keat in collaborating with independent directors to secure new business opportunities and attract capital injections, aiming to enhance the company’s financial standing.
More about Imperium Crown Limited
Imperium Crown Limited, incorporated in Singapore, operates in the investment and asset management industry. The company focuses on securing new business ventures through reverse takeovers and attracting capital injections to recapitalize its operations.
Average Trading Volume: 1,000,400
Technical Sentiment Signal: Sell
Current Market Cap: S$5.52M
For an in-depth examination of 5HT stock, go to TipRanks’ Overview page.