On March 13, No Signboard fulfilled these conditions, which comprised of disclosures including the legal opinion on the validity of the resolutions passed during the company’s November 2022 extraordinary general meeting (EGM), pro-forma financial statements in relation to its acquisition of a new catering business and the board’s opinion on the group’s ability to operate as a going concern.
The company also disclosed the board’s confirmations that the working capital available is sufficient for its present requirements and for at least 12 months after the date of resumption of trading of the company’s shares.
As such, shares in No Signboard will resume trading with effect from 9.00am on March 15.
Shares in No Signboard Holdings last traded at 3.1 cents before its trading suspension on Jan 24, 2022.
