SINGAPORE - Former entertainment group Lifebrandz requested a trading halt before markets opened on Wednesday morning (Nov 16), pending release of announcements.

Last month, auditors for the Catalist-listed company flagged concern over the its ability to continue as a going concern.

Mazars LLP noted that Lifebrandz had a net current liability of S$164,000 and net total liability of S$158,000 as at July 31. It also incurred a net loss of S$1.07 million and net operating cash outflows of S$987,000 for the financial year ended July 31, 2016.