Yongnam Holdings Moves into Liquidation Phase
Yongnam Holdings Limited (SG:AXB) has released an update. Yongnam Holdings Limited and its subsidiary, Yongnam Engineering & Construction (Private) Limited, are in liquidation following a High Court order. The liquidation proceedings follow the discharge of the judicial managers and the appointment of new liquidators from KPMG Services Pte. Ltd. The company is also updating stakeholders…