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Shen Yao Holdings Clears Legal Hurdle, Eyes New Opportunities

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Shen Yao Holdings Clears Legal Hurdle, Eyes New Opportunities

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Liongold ( (SG:A78) ) just unveiled an update.

Shen Yao Holdings Limited, a company registered in Singapore, announced that it has received a Notice of Discontinuance regarding a previous claim filed against it in the High Court. The claimant has wholly discontinued any legal action against the company, and the costs payable to the company are to be agreed upon or determined by the court. This development leaves Shen Yao Holdings free of outstanding claims, allowing it to focus on securing new investors and exploring business opportunities, despite the suspension of its share trading.

More about Liongold

Current Market Cap: S$67.41M

See more insights into A78 stock on TipRanks’ Stock Analysis page.

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