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Mercurius Capital Faces Legal and Financial Challenges

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The latest announcement is out from Mercurius Capital Investment Limited ( (SG:5RF) ).

Mercurius Capital Investment Limited has received a notice of demand from Songmart’s liquidator for RM364,749 related to stamp duty payments. The company is investigating the claim’s validity and will update shareholders on significant developments. Additionally, a mediation session is scheduled for April 11, 2025, regarding a legal claim from Mr. Hester Chew, with a subsequent case conference on April 22, 2025. These proceedings could impact the company’s financial obligations and stakeholder relations.

More about Mercurius Capital Investment Limited

Mercurius Capital Investment Limited, incorporated in Singapore, operates within the financial investment industry. The company, along with its subsidiaries, focuses on capital investments and asset management, catering to a diverse range of stakeholders.

YTD Price Performance: -20.0%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: S$22.29M

Learn more about 5RF stock on TipRanks’ Stock Analysis page.

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