SGX-ST stated several reasons for rejecting the proposal, which include a disclaimer opinion released on Aug 20 by the group’s external auditors, Baker Tilly TFW, on the group’s financial statements for the financial year ended June 30, 2023.
Singapore Exchange Securities Trading (SGX-ST) has rejected New Silkroutes Group (SGX:BMT
) ’s proposal for it to resume trading.
In a Sept 12 bourse filing, the company said it received a letter of rejection from SGX-ST on Sept 11. New Silkroutes Group had submitted its resumption proposal on June 10.
