Key Highlights
- Sing Holdings Limited has placed its 70%-owned indirect dormant subsidiary, Fernvale Green Pte. Ltd., under members’ voluntary liquidation.
- Fernvale Green Pte. Ltd. is a dormant entity, with no active business operations.
- The company stated the liquidation is not expected to have any material impact on the consolidated net tangible assets per share or consolidated earnings per share of the Group for the financial year ending 31 December 2025.
- No director or controlling shareholder of Sing Holdings Limited has any direct or indirect interest in this transaction, other than through their shareholdings in the Company.
- The…