tiprankstipranks
New Silkroutes Group Streamlines with Subsidiary Closures
Company Announcements

New Silkroutes Group Streamlines with Subsidiary Closures

New Silkroutes Group Limited (SG:BMT) has released an update.

Invest with Confidence:

New Silkroutes Group Limited has announced the dissolution of three dormant subsidiaries, which is not expected to significantly affect the Group’s consolidated earnings or net tangible assets for the financial year ending June 30, 2024. This action is part of corporate restructuring and has no direct or indirect impact on the Directors or controlling shareholders’ interests in the Company.

For further insights into SG:BMT stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App