RE: Morning all23 Jan 2026 07:32
A mediation hearing was held in early December 2025 and a formal settlement agreement between the Sellers and the Company is expected to be entered into in late December 2025 or early January 2026. It is currently expected by the GST Board that this will see the return to the Company US$800,000 of cash consideration, the 58,844,713 consideration shares issued to the Sellers and a payment in Singapore Dollars equating to approximately US$300,000 to cover the Company's operational costs. Further updates will be announced as appropriate.
This reads very clear to me - 'expected' that's not a promise its an expected time frame that's all and nothing to worry about. Those that know anything about business should know things can and often get pushed back. Hardly a promise broken as some suggest.