: Liquidators (KPMG Services) have stated that liabilities far exceed remaining assets.
: Significant borrowings used to finance massive inventory, such as steel beams, which became a liability when projects were delayed. yongnam buy forum
: Debate over whether management applied enough financial prudence during large-scale infrastructure booms. What This Means for You : Liquidators (KPMG Services) have stated that liabilities
: The company and its main subsidiary, Yongnam Engineering & Construction, are in final liquidation phases. such as steel beams
: Shares were suspended in November 2022 at a final price of S$0.026 before the delisting was finalized in 2024. Historical Forum Perspectives
As of April 2026, . The company was officially delisted on December 2, 2024 , following a court-ordered liquidation.