tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

USP Group Advances Court Application on Scheme of Arrangement Under Judicial Management

Story Highlights
USP Group Advances Court Application on Scheme of Arrangement Under Judicial Management

Claim 70% Off TipRanks Premium

The latest update is out from USP Group Limited ( (SG:BRS) ).

USP Group Limited, a Singapore-incorporated company currently under judicial management, is progressing its court-supervised restructuring efforts through a proposed scheme of arrangement.

The company announced that the High Court has assigned case number HC/OA 58/2026 to the judicial managers’ application seeking, among other orders, permission to convene a scheme meeting of stakeholders, with a case conference scheduled for 20 January 2026. Parties potentially affected have been directed to attend if they wish to take a position, while USP’s trading suspension, in place since 23 February 2024, remains in force as the restructuring process moves forward.

More about USP Group Limited

Technical Sentiment Signal: Sell

Current Market Cap: S$3.79M

For a thorough assessment of BRS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1