Oct. 9 at 1:10 PM
$ASLN I got notification from Fidelity that JPM is about to liquidate ADR, we have options to convert to 200 shares to avoid that. So I contacted the liquidator about the status of the liquidation. Here is what she replied:
Please be informed that we are only appointed as the liquidator for Aslan Pharmaceuticals Pte Ltd (In Creditors’ Voluntary Liquidation) (“Aslan SG”) and Quantuma is not appointed to Aslan Pharmaceuticals Limited (“Aslan KY”).
However, we understand that a creditor of Aslan Pharmaceuticals Limited is in the midst of preparing a Petition to file in the Grand Court of the Cayman Islands seeking to place it into Official Liquidation. Once Aslan KY is placed into liquidation, the relevant parties will reach out to you for the next steps.
Thank you.
Pei Shi Foo
Senior Associate
Quantuma International
UK | ASIA-PACIFIC | CARIBBEAN | MIDDLE EAST