• Mary Chia response to SGX RegCo queries said board still considers going-concern basis appropriate despite Fullink insolvency proceedings against company and wholly owned unit Organica, even under a downside scenario where disputed claims are upheld in full.
• Assessment cited ongoing court challenge to fee and interest components, current operating cash flow and resources, controlling shareholders’ stated willingness to provide financial support, and review of potential corporate and fundraising initiatives.
• Sponsor Evolve Capital Advisory said it also views going-concern basis as appropriate based on current information, citing liquidity monitoring, operational continuity, and availability of shareholder support.
• Case management conference held May 6 consolidated related cases for future conferences; next case conference set for May 21.
• Fullink filed reply affidavit May 12, then applied to stay OA 417; relevant parties filed applications to stay insolvency proceedings pending final determination of OA 417.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mary Chia Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JGQCFCFH50AGY944) on May 14, 2026, and is solely responsible for the information contained therein.