NauticAWT Ltd. (SG:42D) has released an update.
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NauticAWT Limited has disclosed a net liability position of S$1,782,000 as of April 2024, with total assets amounting to S$1,533,000 against liabilities of S$3,315,000. During April, the company’s cash balance saw a slight increase from S$10,000 to S$20,000, attributed primarily to a loan from a controlling shareholder. These figures, including the monthly cash utilization for operating expenses, remain unaudited.
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