SinoCloud Group Limited (SG:LYY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
SinoCloud Group Limited has announced the termination of its sponsorship agreement with ZICO Capital Pte. Ltd., effective from February 2025 due to commercial reasons. The company is actively seeking a new sponsor to avoid potential suspension or delisting from the Singapore Exchange if a replacement is not found within three months. Shareholders are advised to exercise caution when dealing with the company’s securities during this transition period.
For further insights into SG:LYY stock, check out TipRanks’ Stock Analysis page.
