Yongnam Holdings Limited (SG:AXB) has released an update.
Yongnam Holdings Limited has announced the successful novation of a sub-contract with China Communications Construction Company Ltd after the employer did not reject the agreement within the stipulated 30-day period. The novation agreement remains valid and further updates will be provided in line with the company’s disclosure obligations on the Singapore Exchange Securities Trading Limited. Shareholders and creditors are advised to stay informed through upcoming announcements and seek professional advice if needed.
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