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The latest announcement is out from Mercurius Capital Investment Limited ( (SG:5RF) ).
Mercurius Capital Investment has issued its latest monthly update under Catalist Rule 704(22), stating that there have been no material developments in its dealings with creditors tied to Songmart’s liquidation. The company noted that no further notices have been received regarding the liquidator’s demand for stamp duty paid on its behalf and reiterated that shareholders will be informed of any significant changes.
The update also forms part of ongoing quarterly disclosures on its efforts to secure a new business in line with Catalist Rule 1017, alongside reporting on asset valuations and cash utilisation. These regular announcements underscore the group’s continued focus on resolving historical obligations and maintaining transparency with investors while it works to restore a sustainable operating platform.
More about Mercurius Capital Investment Limited
Mercurius Capital Investment Limited is a Singapore-incorporated investment holding company listed on the Catalist board. The group has been in the midst of a restructuring and compliance process under Catalist Rules, focusing on resolving legacy liabilities and seeking a new business to meet continuing listing requirements.
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$22.29M
For detailed information about 5RF stock, go to TipRanks’ Stock Analysis page.