Link: https://links.sgx.com/1.0.0/corporate-announcements/8BLAOVE4WC18EJN7/085b64264bdaf90df2d3bb72dc53b6b4ec751ceaa52983eed9aa3456442d59f0

Summary:

• Mercurius Capital Investment Limited incurred a net loss of S$197,000 for the three-month period ended 31 March 2025, a decrease from the net loss of S$308,000 in the corresponding period of the previous year.
• Revenue and cost of sales for the period were nil, following the cessation of business operations by the Group's principal operating subsidiaries as of 30 June 2023.
• As of 31 March 2025, the Group reported total liabilities of S$8,968,000 and net liabilities of S$3,751,000.
• Borrowings increased to S$6,076,000, primarily due to the accrual of interest expenses.
• The report indicates a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern, stemming from the net losses and total liabilities. The company is also involved in several legal matters.