Recent Updates — PC

Premium Catering received a Staff Delisting Determination from Nasdaq on September 22, 2026, citing discretionary authority under Listing Rule IM-5101-4 due to potential third-party misconduct and insufficient liquidity following an SEC trading suspension. The company announced its intention to appeal by requesting an oral hearing before the Nasdaq Hearings Panel no later than September 29, 2026. While a timely appeal stays the delisting pending a decision, the current trading halt under Rule 4120(a)(5) remains in effect. This event introduces significant regulatory and liquidity risks to the company's public listing status.

Premium Catering (Holdings) Limited filed its unaudited interim financial statements for the six-month period ended December 31, 2025. The company reported net revenues of S$2,055,246 (US$1,597,424), a decrease from S$2,232,003 in the prior year period. Gross profit stood at S$588,977 (US$457,778). The company incurred a net loss of S$429,085 (US$1,028,299), compared to a net loss of S$1,404,862 in the same period last year. Total assets were S$11,348,411 (US$8,820,465) with total liabilities of S$1,550,155 (US$1,204,846). The company operates in the catering and food services industry.

Premium Catering (Holdings) Limited received a delinquency letter from Nasdaq on September 4, 2026, for failing to timely file its interim financial report for the fiscal half year ended December 31, 2025. The company has 60 days to submit a compliance plan and may receive an extension until December 28, 2026, to regain compliance with Listing Rule 5250(c)(1). Failure to comply could result in delisting from the Nasdaq Capital Market under symbol PC. As of December 31, 2025, the company reported total assets of S$11,348,411 (US$8,820,465) and a net loss of US$1,028,299 for the six-month period. Premium Catering operates in the food service industry, providing budget-prepared Halal meals to foreign workers and event catering services.