Both parties have thus, mutually agreed to terminate the agreement, which was signed on Jan 31, 2020.
The proposed transfer of its listing status on the Main Board of SGX-ST to Tech Onshore MEP-Prefabricators on the Catalist Board will not take place as agreed on Nov 28, 2019, say the judicial managers of Swissco Holdings.
This is due to Tech Onshore MEP-Prefabricators not being able to complete the proposed transaction by the previously agreed timelines.
