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NutryFarm Completes Independent Review and Initiates Legal Action

Story Highlights
  • NutryFarm completed an independent review of its acquisitions and financial transactions.
  • The company has started legal action against former directors for fiduciary breaches.
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NutryFarm Completes Independent Review and Initiates Legal Action

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The latest update is out from NutryFarm International ( (SG:AZT) ).

NutryFarm International Limited has completed an independent review, as directed by the Singapore Exchange Regulation, into several proposed acquisitions and financial transactions. The company has initiated legal proceedings against former directors and third parties for breaches of fiduciary duties and dishonest assistance, advising shareholders to exercise caution in trading its shares due to ongoing uncertainties.

More about NutryFarm International

NutryFarm International Limited, incorporated in Bermuda, operates under judicial management and is involved in the industry of acquisitions and investments, focusing on internet management and agricultural technology developments.

Technical Sentiment Signal: Sell

Current Market Cap: S$11.68M

For an in-depth examination of AZT stock, go to TipRanks’ Overview page.

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