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UOB will no longer sponsor Biolidics after Dec 31

Jovi Ho and Samantha Chiew
Jovi Ho and Samantha Chiew • 2 min read
UOB will no longer sponsor Biolidics after Dec 31
Song Tang Yih, CEO of Biolidics. Photo: Biolidics
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Catalist-listed medical technology company Biolidics (SGX:8YY) says United Overseas Bank (SGX:U11) (UOB) will cease to be its sponsor after Dec 31. 

In a Sept 28 bourse filing, Biolidics says it has received written notification from UOB that it will be terminating the continuing sponsorship agreement (CSA) dated Dec 11, 2018 between the company and the bank, citing “commercial reasons”.

The CSA was also supplemented by a renewal letter dated Nov 22, 2021.

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