Resources Prima wants another 6-month extension for trading resumption proposal

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Resources Prima wants another 6-month extension for trading resumption proposal
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CATALIST-listed Resources Prima Group will be seeking a further extension of six months to submit its resumption of trading proposal (RTP), it said in a bourse filing on Friday morning. Read more at The Business Times.

CATALIST-listed Resources Prima Group will be seeking a further extension of six months to submit its resumption of trading proposal , it said in a bourse filing on Friday morning.

It is also asking for a six-month extension to fill a vacancy in its audit and risk management committee and to hold its annual general meeting for the financial year ended Dec 31, 2018. The Singapore Exchange had previously granted the company an extension till March 28 to submit the RTP and to to fill the vacancy in the audit and risk management committee.

In an SGX filing on Nov 12 last year in which the company had announced the earlier extension, Resources Prima highlighted that it was strongly committed to restructuring the company and turning it around.

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