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Autagco Loses Control of The Green Bar as Liquidation Advances

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Autagco Loses Control of The Green Bar as Liquidation Advances

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Autagco Ltd. ( (SG:1D3) ) has issued an update.

Autagco Ltd. has reported that there have been no material developments in the voluntary liquidation process of its subsidiary Superfood Kitchen Pte. Ltd. since its previous updates. At the same time, the company confirmed that, following shareholders’ and creditors’ meetings on 19 December 2025, Keith Ng Hoe Kiat of Reliance 3P Advisory Pte. Ltd. has been appointed liquidator of The Green Bar Pte. Ltd., with all directors’ powers ceasing and vesting in the liquidator from that date. As a result, Autagco has effectively lost control of The Green Bar, which has ceased to be an indirect 70%-owned subsidiary and will be deconsolidated from the group’s financial statements from 19 December 2025, marking a further step in the restructuring of its food and beverage portfolio. The company said it will continue to provide monthly updates and further announcements on the liquidations as required under Catalist rules.

More about Autagco Ltd.

Autagco Ltd., incorporated in Singapore, is the holding company of a group that includes food and beverage subsidiaries such as Superfood Kitchen Pte. Ltd. and The Green Bar Pte. Ltd., which operate in the healthy dining and restaurant segment.

Current Market Cap: S$7.82M

See more data about 1D3 stock on TipRanks’ Stock Analysis page.

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