THE Singapore Exchange has granted mainboard-listed Mirach Energy a 15-month extension, from Feb 28, 2019 to June 5, 2020, to exit the bourse's watch list, the company said in an exchange filing on Monday.
Executive chairman and chief executive officer, Chan Shut Li, who is a controlling shareholder, must also vote in favourof resolutions related to the voluntary winding up, in a general meeting to seek shareholders’ approval for the company to be voluntarily wound up. Mirach Energy: Revenue in form of durian trees as part of partnership deal; provides breakdown of other receivables
It reported a consolidated pre-tax profit of US$766,000 for fiscal 2018, compared to a previous pre-tax loss of US$9.6 million. The group's consolidated pre-tax profit including exceptional or non-recurrent income and extraordinary items is US$2.04 million.