Mooreast Holdings Ltd. (SG:1V3) has released an update.
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Mooreast Holdings Ltd. faces uncertainty as the investor behind its S$20,010,000 Convertible Loan Agreement has terminated its subscription, raising doubts about the receipt of a S$1,000,000 deposit by the December 31 deadline. The company is seeking further clarification and advises shareholders to exercise caution in their dealings. Investors are urged to stay informed as Mooreast promises updates on further developments.
For further insights into SG:1V3 stock, check out TipRanks’ Stock Analysis page.