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Nanofilm Technologies Streamlines Operations with Subsidiary Wind-Up

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Nanofilm Technologies Streamlines Operations with Subsidiary Wind-Up

The latest announcement is out from Nanofilm Technologies International Ltd. ( (SG:MZH) ).

Nanofilm Technologies International Ltd. announced the voluntary winding up of its dormant subsidiary, Nanofilm Advanced Materials Co., Ltd., as part of its strategy to streamline the group structure and optimize business operations. This decision is not expected to materially affect the company’s earnings or net tangible asset value for the financial year ending December 31, 2025, and none of the company’s directors have a direct or indirect interest in this winding-up process.

More about Nanofilm Technologies International Ltd.

Nanofilm Technologies International Ltd. is a company incorporated in Singapore, focusing on advanced materials and nanotechnology solutions. It operates in the technology sector, providing innovative surface solutions and products to enhance performance across various industries.

YTD Price Performance: -13.16%

Average Trading Volume: 1,183,134

Technical Sentiment Signal: Buy

Current Market Cap: S$437.9M

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

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