Sunright Limited (SG:S71) has released an update.
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Sunright Limited has completed the liquidation of its wholly-owned subsidiary, KES Systems & Service (Shanghai) Co., Ltd., with the subsidiary’s business license revoked in March and the process finalized in August 2024. The company assures stakeholders that this move will not materially affect its net tangible assets or earnings per share for the fiscal year ending in July 2025.
For further insights into SG:S71 stock, check out TipRanks’ Stock Analysis page.