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Far East Group Limited Initiates Voluntary Winding Up of Dormant Subsidiary

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Far East Group Limited Initiates Voluntary Winding Up of Dormant Subsidiary

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An announcement from Far East Group Limited ( (SG:5TJ) ) is now available.

Far East Group Limited has announced the voluntary winding up of its dormant subsidiary, Far East Enterprise (Penang) Sdn. Bhd., which was primarily engaged in generating rental income from property. The winding up is not expected to materially impact the group’s financial performance for the year ending December 2025, and no directors or controlling shareholders have any direct or indirect interest in the process.

More about Far East Group Limited

Far East Group Limited, incorporated in Singapore, operates in the real estate sector. The company, along with its subsidiaries, focuses on property management and rental services.

Average Trading Volume: 48,900

Technical Sentiment Signal: Buy

Current Market Cap: S$14.16M

For detailed information about 5TJ stock, go to TipRanks’ Stock Analysis page.

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