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AXB Yongnam (Delisted)

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0.026
0.0000.00%

10min DelayMarket Closed Apr 12 09:00 CST

18.30MMarket Cap-388P/E (TTM)

Yongnam (Delisted) Stock Forum

Lamborghini168

May 27 09:13

what's the update?

$Yongnam (Delisted) (AXB.SG)$

Ah Zee

Nov 24, 2022 21:00

$Yongnam (Delisted) (AXB.SG)$ anyone knows why is it suspended?

Fundamentalist : As they announced: 23 November 2022.
As you would be aware, the Company is undertaking ongoing negotiations which the Company hopes to advance with (i) a potential refinancing party (the “Refinancing”); or (ii) a potential strategic investor (the “Investment”). These negotiations and the underlying transactions are mutually exclusive.
The Company has been exploring these options as the construction industry continues to compete in a highly competitive operating environment where costs have been kept high by increased energy and construction material prices, and exacerbated by a tight labour supply. The intention of undertaking either the Refinancing or the Investment is to ensure that the Company is able to have sufficient funds to service its borrowings and is able to continue as a going concern.
Given the ongoing talks with potential financier and potential investor, we have temporarily suspended the trading of Yongnam Holding Limited’s shares.
With the current dynamic situation that the Company is in, a trading suspension would avoid any irregular movement in share price and prevent any irregular trading activities that may result from the leakage of any information which the Company has no control over. A trading suspension would also provide market certainty and avoid market confusion as the Company continues its focus on concluding the negotiations for the Refinancing or the Investment, with a view to strengthen the Group’s balance sheet, improve the cash flow position of the Group and preserve value for its stakeholders.
We seek your understanding and time as the Company strives to reach a conclusion with all parties concerned.

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Fundamentalist : Still suspended. Finished liao

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Fundamentalist : Very dirty management

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Fundamentalist : SGX Bo Zo Gan...?

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Fundamentalist : Jiang hu style now com/FileOpen/YH...

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Onglaiwanton

Apr 10, 2022 00:32

$Yongnam (Delisted) (AXB.SG)$ hopefully will from red to green

Klim8898

Feb 15, 2022 04:22

$Yongnam (Delisted) (AXB.SG)$
Marina Bay Sands to invest S$4.5billion to expand the integrated resort
https://www.marinabaysands.com/expo-events-and-convention-centre/game-changer/mbs-expansion.html

Klim8898

Jan 26, 2022 06:35

$Yongnam (Delisted) (AXB.SG)$ Construction demand for 2022 to return to near pre-Covid-19 levels
https://www.straitstimes.com/singapore/housing/construction-demand-for-2022-to-return-to-near-pre-covid-19-levels-sector-outlook-still-vulnerable-with-omicron-threat

DLOYKH

Nov 29, 2021 03:20

$Yongnam (Delisted) (AXB.SG)$

Translated

君翌笑

Sep 20, 2021 01:50

Keep going :) positive green is the key looking to go back to 0.06

$Yongnam (Delisted) (AXB.SG)$

meDaniel

Aug 10, 2021 21:22

Poor workmanship on existing projects

$Yongnam (Delisted) (AXB.SG)$ so far I see their workmanship quite bad. water leaks everywhere and want to use the cheapest price to solve the issue. and end up more issue. hearsay they have a few projects have water leaking problems that they cannot (or not willing to pay) solve

candy jem

Jul 14, 2021 21:53

$Yongnam (Delisted) (AXB.SG)$ nb...put in fridge Liao...haiz

Fundamentalist

Jul 14, 2021 21:13

Gone from hearsay. Yongnam

$Yongnam (Delisted) (AXB.SG)$https://www.businesstimes.com.sg/energy-commodities/yongnam-gives-notice-of-three-years-of-losses-auditor-notes-material-uncertainty

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