Bromat Receives Second Letter of Demand From TSMP Law for Outstanding Amount; Shares Plunge 15%

MT Newswires

2025/11/05

Bromat Holdings (SGX:9I7) on Oct. 31 received a second letter of demand from TSMP Law for the work done for the company, for an outstanding amount of SG$192,567, according to a Tuesday filing with the Singapore Exchange.

Shares of the company were down nearly 15% in Wednesday trading.

The company previously paid a total sum of SG$50,000 in February and another SG$50,000 million in May.

TSMP Law has now demanded that Bromat pay the remaining amount within 14 days from the date of the letter, the filing said.

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