tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Incredible Holdings Faces Loan Disbursement Challenges

Story Highlights
Incredible Holdings Faces Loan Disbursement Challenges

TipRanks Cyber Monday Sale

Incredible Holdings Ltd. ( (SG:RDR) ) just unveiled an announcement.

Incredible Holdings Ltd. has faced challenges in securing a loan of S$500,000 at an interest rate of 6% per annum from Datuk Chu Boon Tiong, intended to support its working capital and liquidity. Despite assurances from the lender, the funds have not been transferred, and the company has been unable to contact the lender since October 2025. To maintain operations, the company has relied on its subsidiaries’ cash reserves and deferred vendor payments.

More about Incredible Holdings Ltd.

Incredible Holdings Ltd. is a company incorporated in the Republic of Singapore, operating with its subsidiaries as a group. The company is involved in providing additional working capital to support its daily operations and strengthen its liquidity.

Current Market Cap: S$5.99M

For an in-depth examination of RDR stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1