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Incredible Holdings Ltd. ( (SG:RDR) ) just unveiled an update.
Incredible Holdings Ltd. has clarified that the counterparty named in a previously announced non-binding memorandum of understanding, initially described as “Cambridge Artificial Intelligence Co., Ltd.”, is correctly “JianQiao AI Limited”, with the Chinese name having been accurate from the outset. To correct the record, both parties have agreed to sign a new non-binding MOU reflecting the accurate English name, while leaving all other material terms unchanged, indicating that the substance of the contemplated transaction and its implications for stakeholders remain intact despite the administrative correction.
More about Incredible Holdings Ltd.
Incredible Holdings Ltd., incorporated in Singapore, is a listed company whose announcements are subject to oversight by its continuing sponsor Novus Corporate Finance Pte. Ltd. under the rules of the Singapore Exchange, reflecting its status as a public issuer in the local capital market.
Current Market Cap: S$5.99M
See more data about RDR stock on TipRanks’ Stock Analysis page.