Yongnam Holdings Limited (SG:AXB) has released an update.
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Yongnam Holdings Limited, currently in liquidation, has announced that its liabilities significantly outweigh its assets, making any shareholder distribution unlikely. The company’s shares, suspended since November 2022, are set to be delisted from the Singapore Exchange. Stakeholders are urged to stay informed and consult professionals for guidance.
For further insights into SG:AXB stock, check out TipRanks’ Stock Analysis page.
