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Regal International Group Limited ( (SG:UV1) ) has issued an update.
Regal International Group Limited has received a statutory demand from United Overseas Bank Limited for an outstanding sum of S$1,262,418.01. The company is required to settle this amount within three weeks to avoid potential court proceedings for winding up due to insolvency. Regal International is seeking legal advice and will update shareholders on any significant developments. Shareholders are advised to exercise caution with their securities as the company’s shares remain suspended.
More about Regal International Group Limited
Current Market Cap: S$25.87M
See more insights into UV1 stock on TipRanks’ Stock Analysis page.