EC World REIT said it has not received any favourable response from its onshore and offshore lenders. The manager now considers it uncertain whether the FY2025 financial statements should be prepared on a going concern basis and will instead prepare them on a realisation basis. Revised FY2025 financial statements are expected to be released on or about 31 March 2026. The manager said this change could lead to adjustments to recorded assets and liabilities, including reclassifying non-current items as current and measuring amounts expected to be realised within 12 months.
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. EC World Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 09AJ4RFRM9C43IUM) on March 10, 2026, and is solely responsible for the information contained therein.