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Shen Yao Holdings Seeks Extension for New Listing Compliance

Story Highlights
  • Shen Yao Holdings applied for a six-month extension to meet new listing requirements.
  • The extension is crucial for Shen Yao to maintain its listing status as a cash company.
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Shen Yao Holdings Seeks Extension for New Listing Compliance

An announcement from Liongold ( (SG:A78) ) is now available.

Shen Yao Holdings Limited, a company registered in Singapore, has applied for a six-month extension to comply with the Singapore Exchange Securities Trading Limited’s Catalist Rules, specifically Rule 1017(1). This extension is necessary for the company to meet the requirements for a new listing, as it is currently classified as a cash company. The extension, if granted, will allow Shen Yao Holdings until September 2025 to complete the acquisition of a new business, which is crucial for maintaining its listing status.

More about Liongold

Current Market Cap: S$67.41M

Find detailed analytics on A78 stock on TipRanks’ Stock Analysis page.

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