Date: 21 January 2026
Reported by: Financial Reporter
Key Highlights
- Completion of Liquidation: Southern Archipelago Ltd. has officially completed the member’s voluntary liquidation of its wholly owned subsidiary, Raintree Rock Sdn. Bhd.
- Background: The voluntary liquidation process was first announced on 1 November 2022 and has now reached its conclusion.
- Financial Impact: The company has stated that this liquidation is not expected to have any material impact on the Group’s earnings per share or net tangible assets for the financial year ending 31 December 2026.
- Shareholder Interests: None of the directors, controlling shareholders,…