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Sing Holdings Ltd. ( (SG:5IC) ) has shared an update.
Sing Holdings Limited has placed Fernvale Green Pte. Ltd., a 70%-owned indirect dormant subsidiary, under members’ voluntary liquidation as part of its corporate streamlining. The company stated that the winding up of this non-operational unit is not expected to materially affect the group’s net tangible assets per share or earnings per share for the financial year ending 31 December 2025, and that none of its directors or controlling shareholders has any interest in the transaction beyond their shareholdings in Sing Holdings.
The most recent analyst rating on (SG:5IC) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Sing Holdings Ltd. stock, see the SG:5IC Stock Forecast page.
More about Sing Holdings Ltd.
Sing Holdings Limited is a Singapore-incorporated investment holding company with subsidiaries engaged in property-related activities. The group focuses on managing and rationalising its portfolio of subsidiaries to support its broader real estate and investment operations in Singapore and the region.
Average Trading Volume: 142,816
Technical Sentiment Signal: Buy
Current Market Cap: S$184.5M
See more insights into 5IC stock on TipRanks’ Stock Analysis page.