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Plato Capital Issues Addendum to Delisting Circular After Valuation Omission

Story Highlights
  • Plato Capital issued an addendum after omitting two property valuation certificates.
  • A replacement appendix now includes the valuations and leaves other circular details unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Plato Capital Issues Addendum to Delisting Circular After Valuation Omission

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Plato Capital Limited ( (SG:YYN) ) just unveiled an update.

Plato Capital Limited has issued an addendum to its earlier circular on a proposed voluntary delisting and selective capital reduction, after discovering that two independent valuation certificates were inadvertently omitted from the version sent to shareholders. The company has now prepared and circulated a replacement appendix that incorporates valuation reports for its interest in Tune Hotel KLIA2 and for a Melbourne property, clarifying that these additions do not alter any other information or assumptions in the original circular, and confirming that shareholders should read the addendum together with the initial document as part of the ongoing delisting and capital reduction process.

More about Plato Capital Limited

Plato Capital Limited is a Singapore-incorporated investment company listed on the Catalist board, with interests that include hospitality-related assets such as the Tune Hotel KLIA2 in Malaysia and a property at Flinders Street and Flinders Lane in Melbourne, Australia.

Average Trading Volume: 1,155

Technical Sentiment Signal: Buy

Current Market Cap: S$35.32M

See more data about YYN stock on TipRanks’ Stock Analysis page.

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