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USP Group Limited ( (SG:BRS) ) has shared an announcement.
USP Group Limited, which is currently under judicial management in Singapore, has provided an update on court proceedings related to its proposed scheme of arrangement with stakeholders. The company remains under a trading suspension that has been in place since February 2024.
The High Court has fixed the hearing for the company’s application concerning its proposed scheme of arrangement for 30 January 2026, with related legal submissions due by 26 January 2026. The outcome of this hearing is expected to be pivotal for the group’s restructuring efforts and will influence the company’s path forward, with further updates to be issued as material developments arise while trading in its shares remains suspended.
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.