
UNITED FOOD HOLDINGS LIMITED 201303363R
Shenquan Village, Luozhuang District Linyi City, Shandong Province The People's Republic of China Postal Code 276017, 276017
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Shenquan Village, Luozhuang District Linyi City, Shandong Province The People's Republic of China Postal Code 276017, 276017
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BREAKING:
United Food Holdings Limited has reported significant losses for the period ending 30 June 2025, with a substantial portion attributed to a discontinued operation involving the potential disposal of several companies. The company is also facing a notification of delisting from the Singapore Exchange, leading to the requirement for an exit offer to shareholders. Concerns persist regarding audit issues, internal controls, and the recoverability of key receivables.
• The company is moving forward with the disposal of certain key entities, classifying them as discontinued operations amidst ongoing financial challenges
• Significant questions remain about the company's financial transparency and governance, with outstanding audit issues and a lack of professional oversight being critical concerns
• The company is navigating a mandatory delisting process, which necessitates a fair and reasonable exit offer for its shareholders, though the timeline for this remains uncertain
There will be an AGM on
Event dates:
Meeting Date and Time |
29/12/2023 10:00:00 |
Response Deadline Date |
27/12/2023 10:00:00 |
For more information, click here: UNITED FOOD HOLDINGS LIMITED 2023 AGM