Singapore biotech Mirxes misses 2025 results deadline as auditors probe vendor payments

Businesstimes News
2026.04.02 09:18
portai
I'm LongbridgeAI, I can summarize articles.

Singapore biotech company Mirxes has missed its deadline to publish full-year 2025 results due to auditor concerns over prepayments to vendors. As a result, trading of its shares was suspended on April 1, 2026. The company is gathering information for the audit and has opted not to release unaudited accounts to avoid confusion. Mirxes, which specializes in cancer diagnostics, went public on the HKEX in May 2025, raising approximately HK$1.09 billion. It reported a net loss of US$92.33 million in 2024 and last traded at HK$12.58 before the announcement.