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Nanofilm Technologies Strikes Off Dormant Subsidiary in Corporate Streamlining Move

Story Highlights
  • Nanofilm Technologies has struck off its dormant indirect subsidiary Nanofilm Ventures from Singapore’s Register of Companies.
  • The strike-off is an administrative move not expected to materially affect earnings, asset values or directors’ interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nanofilm Technologies Strikes Off Dormant Subsidiary in Corporate Streamlining Move

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Nanofilm Technologies International Ltd. ( (SG:MZH) ) just unveiled an announcement.

Nanofilm Technologies International has struck off Nanofilm Ventures Pte. Ltd., an indirect wholly owned and dormant subsidiary, from Singapore’s Register of Companies with effect from 10 January 2026 under Section 344A of the Companies Act 1967. The company stated that the removal of this inactive entity is an administrative streamlining move and is not expected to have any material impact on its consolidated earnings per share or net tangible asset value per share for the financial year ending 31 December 2026, and that none of its directors has any special interest in the decision beyond their shareholdings in the company.

The most recent analyst rating on (SG:MZH) stock is a Hold with a S$0.59 price target. To see the full list of analyst forecasts on Nanofilm Technologies International Ltd. stock, see the SG:MZH Stock Forecast page.

More about Nanofilm Technologies International Ltd.

Nanofilm Technologies International Ltd., incorporated in Singapore, operates in the advanced materials and nanotechnology sector, providing coating solutions and related technologies to customers across high-tech manufacturing and industrial applications.

Average Trading Volume: 1,922,196

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$371.5M

See more data about MZH stock on TipRanks’ Stock Analysis page.

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