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

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

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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.

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