The company expects to report on Aug 14.
OIO is previously known as DLF Holdings, which is in engineering.
However, this business is loss making as well, and the company on Aug 1 announced plans to sell it to DLF’s original founder Fan Chee Seng for $5,000 so that it can concentrate on the new business of blockchain and cryptocurrency.
“Shareholders of the company and potential investors are advised to exercise caution when dealing in the shares of the company,” states OIO.
See also: GuocoLand posts lower FY2025 on allowances in China; plans to pay a higher dividend
OIO shares last traded at 23 cents.
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