*This content was translated by AI.
Global lifestyle beauty packaging company SUN&L (CEO Lee Yun-gyu) announced on the 22nd that it is accelerating its restructuring of the business portfolio by deciding to liquidate its New Zealand subsidiary.
SUN&L stated that the board of directors of its wholly-owned subsidiary, “SUN&L New Zealand Limited” (hereinafter SLNZ), located in New Zealand, resolved on July 21 to liquidate the company to improve management efficiency. SLNZ is scheduled to proceed with liquidation procedures in accordance with local laws, and the company completed a voluntary disclosure regarding the occurrence of dissolution grounds on the same day.
This decision is part of a strategy to shift from a…