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SinoCloud Group Limited ( (SG:LYY) ) just unveiled an announcement.
SinoCloud Group Limited has announced an update regarding its continuing sponsorship. The company, which recently received a termination notice from its sponsor ZICO Capital Pte. Ltd., has shortlisted a potential new sponsor and is undergoing due diligence. ZICO Capital will continue as the sponsor until March 14, 2025, while SinoCloud seeks to finalize a new sponsorship agreement. This transition is crucial for SinoCloud’s compliance and market operations, and stakeholders are advised to exercise caution with their securities.
More about SinoCloud Group Limited
YTD Price Performance: 33.33%
Average Trading Volume: 2,533,678
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$3.37M
Learn more about LYY stock on TipRanks’ Stock Analysis page.