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Matex International Faces Legal Challenge and Trading Suspension Amidst Sponsor Transition

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Matex International Faces Legal Challenge and Trading Suspension Amidst Sponsor Transition

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An update from Matex International Limited ( (SG:M15) ) is now available.

Matex International Limited has received an originating application from two claimants seeking court orders against the company and Nanyang Commercial Management Pte. Ltd. The orders aim to prevent the removal of the claimants from the company’s board and to halt an extraordinary general meeting scheduled for July 2025. The company is currently seeking legal advice and has suspended trading of its securities since July 23, 2025. Additionally, Matex is in the process of onboarding a new sponsor after the previous sponsor’s term ended in mid-July 2025.

More about Matex International Limited

Matex International Limited, incorporated in Singapore, operates in an unspecified industry with a focus on providing services or products through its group of subsidiaries.

Average Trading Volume: 757,564

Technical Sentiment Signal: Sell

Current Market Cap: S$11.35M

Learn more about M15 stock on TipRanks’ Stock Analysis page.

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