Axington Inc. (SG:42U) has released an update.
Axington Inc., a company listed under Singapore’s Catalist rules, reported a net liability of S$73,000 for March 2024, with cash and cash equivalents decreasing to S$320,000 due to costs associated with their annual general meeting and expenses related to a Reverse Takeover (RTO). The company’s financial position is being closely monitored as they continue to seek new business opportunities.
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