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An update from No Signboard Holdings Ltd. ( (SG:9I7) ) is now available.
No Signboard Holdings Ltd. has received a letter of demand from The Scarlet Hotel Pte Ltd for outstanding rental payments amounting to S$63,209.11. The company states that this issue will be reflected in their Q1FY25 financial results but is not expected to materially impact their net tangible assets or earnings per share. Furthermore, the company believes that the demand and any potential legal proceedings will not affect its ongoing business operations and is currently negotiating with the landlord.
More about No Signboard Holdings Ltd.
YTD Price Performance: -10.67%
Average Trading Volume: 65,596
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$20.65M
Find detailed analytics on 9I7 stock on TipRanks’ Stock Analysis page.