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Haw Par Subsidiary Underwater World Singapore Struck Off Company Register

Story Highlights
  • Haw Par has had its indirect subsidiary Underwater World Singapore formally struck off the Singapore company register.
  • The company expects no material impact on earnings or net asset value from this corporate streamlining move in 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Haw Par Subsidiary Underwater World Singapore Struck Off Company Register

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The latest announcement is out from Haw Par ( (SG:H02) ).

Haw Par Corporation Limited has announced that its indirect wholly owned subsidiary, Underwater World Singapore Pte Ltd, has been officially struck off the Register of Companies by Singapore’s Accounting and Corporate Regulatory Authority, following an application made under Section 344A of the Companies Act 1967. The company stated that the removal of this dormant entity is not expected to have any material impact on the group’s earnings per share or net asset value per share for the financial year ending 31 December 2025, indicating that the move is largely an administrative streamlining of its corporate structure with minimal implications for shareholders and operations.

The most recent analyst rating on (SG:H02) stock is a Buy with a S$17.00 price target. To see the full list of analyst forecasts on Haw Par stock, see the SG:H02 Stock Forecast page.

More about Haw Par

Haw Par Corporation Limited is a Singapore-incorporated diversified group with interests spanning healthcare, leisure and property-related investments. Through various subsidiaries, it manages and rationalises its portfolio of operating and non-operating entities to support overall group efficiency and shareholder value.

Average Trading Volume: 151,224

Technical Sentiment Signal: Buy

Current Market Cap: S$3.53B

See more insights into H02 stock on TipRanks’ Stock Analysis page.

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