• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Mary Chia is dying....

Mary Chia shares sink after SGX asks if firm can continue operating​

Get ST's newsletters delivered to your inbox
SGX RegCo asked the company and its sponsor to assess whether Mary Chia could still continue operating if the worst-case scenario occurred.

SGX 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

Google Preferred Source badge

Published May 15, 2026, 06:55 AM
Updated May 15, 2026, 07:41 PM

Listen
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.
 
Any good white knight - cheap cheap 1m only??
Samsters can easily crowd fund and make it an exclusive gentleman club?


Insolvency proceedings are legal actions taken by a creditor when it believes the company it has lent money to may be unable to pay its debt.

The dispute is over a sum that Fullink Capital says Organica International owes under past loan and repayment arrangements.

Mary Chia has disclosed in exchange filings in April and May that Fullink Capital had originally lent Organica International a sum of $350,000, but following disputes relating to the loan repayments, Fullink Capital claimed the full outstanding amount as immediately due, together with late payment interest and other fees under the loan and settlement agreements. This sum amounts to $902,640.
 
Back
Top