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EnGro Corp. Ltd. (Singapore) ( (SG:S44) ) has issued an announcement.
EnGro Corp. Ltd. has announced that its subsidiary, EnGro (Asia) Private Limited, has received a winding-up application from Sieco Asia Pte. Ltd., which holds a 20% stake in the subsidiary. The company is currently seeking legal advice on this matter and has stated that the liquidation application is not expected to materially impact the Group’s financial performance for the year ending December 31, 2025.
More about EnGro Corp. Ltd. (Singapore)
EnGro Corp. Ltd. is a Singapore-based company involved in various industries, with a focus on its subsidiaries such as EnGro (Asia) Private Limited.
Average Trading Volume: 25,339
Technical Sentiment Signal: Buy
Current Market Cap: S$113.4M
For a thorough assessment of S44 stock, go to TipRanks’ Stock Analysis page.