International Cement Group Ltd. (SG:KUO) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
International Cement Group Ltd. has announced the de-registration of its 90% owned subsidiary in Mauritius and the voluntary winding-up of a subsidiary in Malaysia. These corporate restructurings have been confirmed to not materially affect the Group’s net tangible assets or earnings per share for the current financial year. The changes are part of compliance with local legal amendments and creditor agreements, with no direct interests involved from directors or major shareholders besides their existing stakes in the company.
For further insights into SG:KUO stock, check out TipRanks’ Stock Analysis page.