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The latest announcement is out from Liongold ( (SG:A78) ).
Shen Yao Holdings is actively seeking new investors and business opportunities while defending a legal claim filed by Golden Point Group Pty Ltd. Despite the challenges, including uncertainty about the suit’s outcome and the loss of operational control over subsidiaries, the company is maintaining its operations with support from its Executive Director, Mr. Yao Liang. Additionally, the company announced its monthly asset valuation and cash utilization for January 2025, although it faces difficulties in confirming the completeness and accuracy of these figures due to the absence of operating businesses and recent financial statements.
More about Liongold
Shen Yao Holdings Limited is a company registered in Singapore, focused on exploring potential business opportunities and attracting new investors after losing control of its key operating subsidiaries in the mining sector.
Current Market Cap: S$67.41M
Learn more about A78 stock on TipRanks’ Stock Analysis page.
