The company is proposing to dispose of its 20% stake in Katong Holdings Pte. Ltd... Read More | |
For better clarity to shareholders, can the board explain the role and extent of involvement... Read More | |
Can the independent directors, particularly the lead independent director, explain how the board... Read More | As set out in the announcements available on the Company’s website and SGXNet, the Company... Read More |
How was the joint development partner identified and and what were the key criteria... Read More | The joint development partner, Chin Hin Group, was identified based on its strong track record... Read More |
Can the board help shareholders better understand the rationale behind retaining a 13% stake... Read More | The decision to retain a 13% stake reflects our positive outlook for this asset class. The Company believes... Read More |
Did the board evaluate alternative funding options, such as a renounceable rights issue of... Read More | When comparing the cost of the Existing Bonds and the convertible bonds under the proposed Rights Issue... Read More |
Were there challenges in securing bank financing that necessitated the divestment of the joint-venture... Read More | Since our listing by way of a reverse takeover exercise in December 2017, the Company has found it challenging... Read More |
How was the consideration of $5.0 million negotiated, and who led the negotiations... Read More | |
Have the independent directors assessed the implications of the rights issue for minority shareholders... Read More | No Response |
Has the company already drawn down on the convertible loan facility of up to $2 million?... Read More | No Response |
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