ZICO Capital exits role as SinoCloud sponsor over commercial reasons

Its last day as SinoCloud’s sponsor will be on 25 February 2025.

ZICO Capital submitted a notice of termination to Catalist-listed SinoCloud, ending its role as the company's sponsor due to commercial reasons.

ZICO Capital has provided the requisite three (3) months’ notice for the termination of its appointment as SinoCloud’s continuing sponsor, in accordance with the listing rule. Its last day as SinoCloud’s sponsor will be on 25 February 2025.

Under the Catalist rules, the Singapore Exchange (SGX) will suspend SinoCloud until it secures a sponsor. SGX may also remove the company from the Catalist if it does not have a sponsor for more than three continuous months.

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