boldtek holdings

Based on Boldtek Projects’ management accounts for FY2024 ended June 30, the subsidiary reported a net loss of $2.1 million for the year.

Phua passed away on Sept 1.

This is mainly due to subsidiary Logistics Construction being in the process restructuring and having been granted moratorium.

The consideration to be paid for Logistics Construction will be a “fair” number to be agreed between the parties.

Founder and CEO of Neo Group and wife take 8.21% stake in Boldtek; Standard Life Aberdeen trims Yoma Strategic stake to 5.998%.

Shares in Boldtek closed 2 cents higher or 27.8% up at 9.2 cents on April 6.

An initial deposit of $200,000 has been paid on Dec 21, 2020.

The JV Company, which will be set up following the JVA, will have an initial issued and paid-up share capital of $1 million divided into one million shares, of which Boldtek Holdings and Neo Group Limited will own 50% each.