EC World REIT Seeks Extension for Resumption Proposal

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EC World REIT Seeks Extension for Resumption Proposal

MT Newswires09-02

EC World REIT (SGX:BWCU) has requested an extension from the Singapore Exchange to submit its resumption proposal, moving the deadline from Aug. 30, 2023, to May 31, 2025, according to a Saturday filing on the Singapore Exchange.

The extension follows a voluntary suspension of trading since Aug. 31, 2023, and aims to address ongoing challenges, including unauthorized mortgages and asset divestments.

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