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Interra Resources Provides Update on SGX-ST Watch-list Status and Trading Suspension

Story Highlights
  • Interra Resources is on SGX-ST watch-list, with an extension to meet removal criteria by December 2025.
  • The company is working on a trading resumption proposal with SGX RegCo and will update shareholders on progress.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Interra Resources Provides Update on SGX-ST Watch-list Status and Trading Suspension

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The latest update is out from Interra Resources Ltd. ( (SG:5GI) ).

Interra Resources Limited has been on the SGX-ST watch-list since December 2017 and has received an extension until December 2025 to meet removal requirements. The company is actively working with SGX RegCo on a proposal to resume trading, with updates to follow. Interra is committed to meeting SGX-ST Listing Manual Rule 1314 requirements and will inform shareholders of any significant developments.

More about Interra Resources Ltd.

Interra Resources Limited, based in Singapore and listed on the SGX Mainboard, is involved in petroleum exploration and production, including petroleum production, field development, and exploration. The company is expanding into renewable energy, partnering with PT PLN Nusantara Power for power plant projects in Indonesia and collaborating on floating solar farms. Interra holds a 13.65% stake in Morella Corporation Limited, focusing on lithium and battery minerals, and has invested in silica sand concessions in Indonesia.

Technical Sentiment Signal: Buy

Current Market Cap: S$23.6M

See more insights into 5GI stock on TipRanks’ Stock Analysis page.

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