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Swing Media Technology Group Ltd (SWMT.SI)

SWMT.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Swing Media Technology Group updates on additional statutory demands
Wednesday, 19 Jul 2017 05:11am EDT 

July 19 (Reuters) - Swing Media Technology Group Ltd :Co is in negotiation with other relevant banks, and other financiers for settlement of additional statutory demands.On 14 JULY, ST and co was served with writ of summons from LEGAL COUNSEL of Bank D claiming Bank D Outstanding Sums& additional interest.Gets statutory demand on July 13 which states if payment not made within 3 weeks, bank may file winding-up petition against co.  Full Article

Swing Media Technology Group says it received statutory demands from two separate financiers
Tuesday, 11 Jul 2017 05:38am EDT 

July 11 (Reuters) - Swing Media Technology Group Ltd :Has received statutory demands from two separate financiers.Statutory demands will have material adverse impact on financial position, financial performance, business and operations of group​.Statutory demands indicate existence of material uncertainty which casts doubt on group and co's ability to continue as going concerns​.Requested for conversion of its trading halt to a voluntary trading suspension.  Full Article

Swing Media Technology Group says FY net profit attributable HK$74.3 mln
Tuesday, 30 May 2017 05:29am EDT 

May 30 (Reuters) - Swing Media Technology Group Ltd ::FY sales HK$1.14 billion versus HK$ 1.11 billion.FY net profit attributable to ordinary shareholders rose 6.9% to HK$74.3 million.  Full Article

Swing Media Technology Group to raise s$5.1 million through share placement to seven investors
Monday, 23 Jan 2017 05:45am EST 

Swing Media Technology Group Ltd - : Swing Media to raise S$5.1 million through share placement to seven investors .Swing Media will place a total of 8.5 million shares priced at s$0.60 per share.  Full Article

Swing Media Technology Group responds to query regarding trading activity
Friday, 12 Aug 2016 01:36am EDT 

Swing Media Technology Group Ltd : Grp ltd (response to query regarding trading activity) . As at date of this announcement, company has been in confidential negotiations and discussions in connection with a potential acquisition . There is no assurance that the potential acquisition will materialise as no definitive agreement has been entered into" .  Full Article

BRIEF-Swing Media Technology Group updates on additional statutory demands

* Co is in negotiation with other relevant banks, and other financiers for settlement of additional statutory demands

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