Sunrise Shares Holdings Ltd (SG:581) has released an update.
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Sunrise Shares Holdings Ltd., a Singapore-based company, has been served with legal demands for payment by its legal counsel and financial advisor for sums totaling over S$158,000. Despite these claims, which are already accounted for in their mid-year financial statements, the company assures that their financial position and business operations remain unaffected. The legal proceedings were initiated in the State Courts of Singapore, signaling potential litigation if the debts are not settled.
For further insights into SG:581 stock, check out TipRanks’ Stock Analysis page.
