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Mary Chia shares sink after SGX asks if firm can continue operating
Get ST's newsletters delivered to your inboxSGX RegCo asked the company and its sponsor to assess whether Mary Chia could still continue operating if the worst-case scenario occurred.
PHOTO: MARY CHIA SINGAPORE/FACEBOOK

Published May 15, 2026, 06:55 AM
Updated May 15, 2026, 07:41 PM
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SINGAPORE - Singapore Exchange Regulation (SGX RegCo) has queried beauty and wellness firm Mary Chia Holdings on whether it can continue operating as a going concern after legal proceedings were launched against the company and its related parties by a creditor in April.
Its shares sank after the news, with the stock down 4.4 per cent to 2.2 cents on May 15.
The May 14 queries came after The Straits Times, citing disclosures filed with SGX, reported that Fullink Capital had initiated insolvency proceedings against Mary Chia Holdings, its subsidiary Organica International Holdings, founder and chief executive Ho Yow Ping and chief financial officer Su Jun Ming over money allegedly owed under financing agreements.