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Hotel Royal Ltd. Voluntarily Strikes Off Dormant Subsidiary

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Hotel Royal Ltd. Voluntarily Strikes Off Dormant Subsidiary

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Hotel Royal Ltd. ( (SG:H12) ) just unveiled an update.

Hotel Royal Limited has announced the voluntary strike-off of its indirect wholly-owned subsidiary, Castle Mall Properties Pte Ltd, from the Register of Companies. This decision was made following the cessation of CMP’s business operations in September 2024, rendering it dormant. The strike-off is not anticipated to materially impact the company’s financial metrics for the current fiscal year.

More about Hotel Royal Ltd.

Hotel Royal Limited is a company incorporated in Singapore, operating in the hospitality industry with a focus on investment and property management through its subsidiaries.

Average Trading Volume: 3,562

Technical Sentiment Signal: Hold

Current Market Cap: S$211.7M

Find detailed analytics on H12 stock on TipRanks’ Stock Analysis page.

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