Brief: Singapore eDevelopment updates on ability to continue as going concern

Alset International

03/04/2017 24:16

April 3 (Reuters) - Singapore Edevelopment Ltd  SINE.SI  
    * Board is of view that group will be able to continue as a 
going concern by raising additional funds 
    * Has obtained confirmation from HBD that, inter alia, HBD 
will provide financial and other support for next 12 months to 
group 
    * Ability of group to continue as a going concern is 
dependent on continued financial support from Hengfai Business 
Development 
 
Source text for Eikon:  ID:nSNZ6fXwL6  
Further company coverage:  SINE.SI  
 
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