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Liongold ( (SG:A78) ) just unveiled an announcement.
Shen Yao Holdings Limited is actively engaged in seeking new investors and business opportunities despite facing legal challenges from a claim filed by Golden Point Group Pty Ltd. The company, currently classified as a cash company, is dealing with the uncertainty of a lawsuit and has lost control of its key operating subsidiaries, thereby affecting its asset valuation processes. With no new business identified and financial statements not released since September 2022, the company is relying on the support of Mr. Yao Liang for funding its operations and legal defense.
More about Liongold
Current Market Cap: S$67.41M
Learn more about A78 stock on TipRanks’ Stock Analysis page.
