Imperium Crown Limited (SG:5HT) has released an update.
Imperium Crown Limited, a Singapore-incorporated company, reported a net liability of S$2,945 as of March 31, 2024, after accounting for their monthly asset valuation and cash utilization. The company’s cash position decreased from S$10,000 to S$7,000 over the month, due to bank charges and CPF contributions. Imperium Crown has also applied for a waiver from the SGX for the requirement to open an escrow account, citing insufficient funds.
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