Hatten Land's Key Terms with Hungchi Expire Over Funding Issues

MT Newswires

2025/03/19

Hatten Land (SGX:PH0) said its binding key terms with Hungchi Enterprise expired on March 17 after the strategic investor failed to provide proof of funding or a deposit, according to a Tuesday filing on the Singapore Exchange.

The company, under judicial management since August 2024, said it remains open to other investor proposals aligned with its restructuring goals.

Hatten Land's shares have been suspended from trading since August 2024.

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