ZICO Capital will no longer sponsor Sinocloud after Feb 25

Ashley Lo

2024-11-27

The notification was due to commercial reasons, says Sinocloud.

ZICO Capital, the sponsor of Catalist-listed Sinocloud Group, has served its notice of termination on Nov 26.

The notification was due to commercial reasons, says Sinocloud.

ZICO Capital has provided the requisite three months notice for the termination of its appointment. Its last day of service will be on Feb 25, 2025, or at an earlier date if both parties agree to it.

Under the Catalist rules, the Singapore Exchange S68 Securities Trading (SGX-ST) will suspend trading in Sinocloud’s shares until it has a sponsor. Sinocloud may also be removed by the SGX-ST from its official list if it does not have a sponsor for over three continuous months.

Sinocloud says it will begin the process of looking for a new continuing sponsor.

Shares in Sinocloud closed flat at 1.3 cents on Nov 27.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Sinocloud may also be removed by the SGX-ST from its official list if it does not have a sponsor for over three continuous months.</p>\n<p>Sinocloud says it will begin the process of looking for a new continuing sponsor. </p>\n<p>Shares in Sinocloud closed flat at 1.3 cents on Nov 27. </p>\n</body></html>","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>ZICO Capital will no longer sponsor Sinocloud after Feb 25</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZICO Capital will no longer sponsor Sinocloud after Feb 25\n</h2>\n<h4 class=\"meta\">\n</h4><p class=\"head\">\n<strong class=\"h-name small\">Ashley Lo</strong><span class=\"h-time small\">2024-11-27 12:22</span>\n</p>\n</header>\n<article>\n<p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/CABLES+BROADBAND+NETLINK+BLOOMBERG_4_1_0.jpg\"/> The notification was due to commercial reasons, says Sinocloud.</p><p dir=\"ltr\">ZICO Capital, the sponsor of Catalist-listed Sinocloud Group, has served its notice of termination on Nov 26. </p>\n<p>The notification was due to commercial reasons, says Sinocloud. </p>\n<p>ZICO Capital has provided the requisite three months notice for the termination of its appointment. Its last day of service will be on Feb 25, 2025, or at an earlier date if both parties agree to it. </p>\n<p>Under the Catalist rules, the Singapore Exchange <code>S68</code> Securities Trading (SGX-ST) will suspend trading in Sinocloud’s shares until it has a sponsor. 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Its last day of service will be on Feb 25, 2025, or at an earlier date if both parties agree to it. \nUnder the Catalist rules, the Singapore Exchange S68 Securities Trading (SGX-ST) will suspend trading in Sinocloud’s shares until it has a sponsor. Sinocloud may also be removed by the SGX-ST from its official list if it does not have a sponsor for over three continuous months.\nSinocloud says it will begin the process of looking for a new continuing sponsor. \nShares in Sinocloud closed flat at 1.3 cents on Nov 27.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}