OceanScape International (SGX: V2Y) has responded to a report published by Lianhe Zaobao regarding the company's ongoing trading suspension and uncertainty surrounding its resumption, according to a Monday filing with the Singapore Exchange.

The company highlighted that while a trading resumption proposal was submitted in January, it was withdrawn by the former sponsor following a change of continuing sponsor.

Meanwhile, the new energy services company pointed out that a claim made against its former sponsor is linked to the release of a filing on Sept. 26, 2025 and is not linked with any unauthorized withdrawal of its trading resumption request.

Meanwhile, former directors of the company did not undertake a formal handover of documents related to an alleged whistleblowing complaint, despite repeated requests by the board.