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CFM Holdings to Deregister Dormant Subsidiary

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CFM Holdings to Deregister Dormant Subsidiary

Confident Investing Starts Here:

CFM Holdings Limited ( (SG:5EB) ) just unveiled an update.

CFM Holdings Limited has announced the deregistration and strike-off of its dormant subsidiary, Cheong Fatt Holdings Pte. Ltd., from the Register of Companies. This move is not expected to impact the company’s net tangible assets or earnings per share for the financial year ending June 2025, and none of the directors or controlling shareholders have any interest in this action.

More about CFM Holdings Limited

CFM Holdings Limited, incorporated in Singapore, operates in the warehousing and logistics services industry. The company focuses on providing comprehensive logistics solutions, although one of its subsidiaries, Cheong Fatt Holdings Pte. Ltd., has ceased operations.

YTD Price Performance: 14.29%

Average Trading Volume: 25,450

Technical Sentiment Signal: Sell

Current Market Cap: S$16.12M

For an in-depth examination of 5EB stock, go to TipRanks’ Stock Analysis page.

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