Sincap Group Ltd. (SG:5UN) has released an update.
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Sincap Group Limited has disclosed its asset valuation and cash utilization for April 2024, revealing a net liability position of RMB 10,629 thousand after accounting for cash and various liabilities. The company’s cash balance slightly decreased to RMB 57 thousand by month-end, influenced by non-cash adjustments including unrealised foreign exchange movements and bank charges.
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