Mooreast Holdings Ltd. (SG:1V3) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.