Under listing rules of the Singapore Exchange, firms may be placed on the watch-list after three straight years of losses and having a market cap below $40 million.
SINGAPORE (May 31): Addvalue Technologies sunk deeper into a net loss of US$11.11 million ($14.9 million) from a net loss of US$3.47 million last year.
FY18 also marked the fourth straight year of losses for the satellite communications company which was last profitable in FY14.
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