tiprankstipranks
Wilton Resources Faces Demand Over Share Sale
Company Announcements

Wilton Resources Faces Demand Over Share Sale

Wilton Resources Corporation Limited (SG:5F7) has released an update.

Stay Ahead of the Market:

Wilton Resources Corporation Limited has received a demand from Mr. Chong Thim Pheng to return S$2.7 million after alleging the company defaulted on a share sale agreement by not producing gold for three months. While no legal action has been initiated, the company is reviewing the claims with legal counsel and will update shareholders as necessary. Investors are advised to exercise caution when dealing with the company’s securities.

For further insights into SG:5F7 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskWilton Resources Faces Operational Hurdles at Ciemas Project
TipRanks Singapore Auto-Generated NewsdeskWilton Resources’ Subsidiary Announces Annual Report
TipRanks Singapore Auto-Generated NewsdeskWilton Resources Faces Weather Challenges at Gold Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App