Lincotrade Faces Share Issuance Demand from Ternary Centennial

MT Newswires

2024/12/26

Lincotrade & Associates (SGX:BFT) received a demand from Ternary Centennial to issue shares under a 2021 agreement with a unit, according to a Wednesday filing on the Singapore Exchange.

Ternary claims it has fulfilled its obligations and seeks either the issuance of 5% of the subsidiary's enlarged share capital or SG$1.8 million in payment.

Lincotrade denies the claim, stating all services were fully paid for and is consulting legal advisors.

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Associates (SGX:BFT) received a demand from Ternary Centennial to issue shares under a 2021 agreement with a unit, according to a Wednesday filing on the Singapore Exchange.</p><p>Ternary claims it has fulfilled its obligations and seeks either the issuance of 5% of the subsidiary's enlarged share capital or SG$1.8 million in payment.</p><p>Lincotrade denies the claim, stating all services were fully paid for and is consulting legal advisors.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BFT.SI","symbol_name":"立鎧企業","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2494001561","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494001561","pubTimestamp":1735175149,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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