Nera Telecommunications Completes Winding Up of Dormant Subsidiary

Nera Telecommunications Ltd ( (SG:N01) ) has shared an update.

Nera Telecommunications Ltd has completed the voluntary winding up of its dormant subsidiary, Nera Telecommunications (Myanmar) Co., Ltd. This action is not expected to affect the company’s net tangible assets or earnings per share for the financial year ending December 31, 2025. The winding up does not involve any direct or indirect interest from the company’s directors or substantial shareholders, aside from their shareholdings.

More about Nera Telecommunications Ltd

Nera Telecommunications Ltd is a company incorporated in the Republic of Singapore, operating in the telecommunications industry. The company focuses on providing telecommunications solutions and services, with a market presence that includes various subsidiaries.

YTD Price Performance: -12.00%

Average Trading Volume: 84,938

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$31.85M

For detailed information about N01 stock, go to TipRanks’ Stock Analysis page.