tiprankstipranks
Advertisement
Advertisement

Linklogis Clarifies Director Disclosure After Former Role at Firm Placed Under Judicial Management

Story Highlights
  • Linklogis disclosed that former DRTM director Mr. Tan is unaffected by DRTM’s judicial management, with no alleged misconduct.
  • The company stressed DRTM and DRT are unrelated to Linklogis, so the court order has no impact on its operations or stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Linklogis Clarifies Director Disclosure After Former Role at Firm Placed Under Judicial Management

Meet Samuel – Your Personal Investing Prophet

Linklogis Inc. Class B ( (HK:9959) ) has provided an update.

Linklogis Inc. has issued an update regarding the disclosure obligations tied to its independent non-executive director, Mr. Tan Huay Lim, following developments at a separate company where he previously served on the board. The High Court of Singapore has placed DRTM under judicial management as of March 9, 2026, an event occurring within 12 months of Mr. Tan’s resignation as an independent director of DRTM on December 22, 2025.

Mr. Tan has affirmed that he committed no wrongful acts or misconduct leading to DRTM’s judicial management and is not aware of any actual or potential claims against him in connection with the case. Linklogis emphasized that DRTM and DRT are unrelated to its group, and the judicial management order does not and will not involve the company, framing the announcement purely as a regulatory disclosure under Hong Kong listing rules with no operational impact on Linklogis.

The most recent analyst rating on (HK:9959) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Linklogis Inc. Class B stock, see the HK:9959 Stock Forecast page.

More about Linklogis Inc. Class B

Linklogis Inc. is a Cayman Islands–incorporated company listed in Hong Kong and controlled through weighted voting rights. The company operates in the financial technology sector, focusing on providing supply chain finance and related services to enterprises and financial institutions in China and other markets.

Average Trading Volume: 3,521,002

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.51B

Find detailed analytics on 9959 stock on TipRanks’ Stock Analysis 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