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USP Group Subsidiaries Face Winding-Up Applications Amid Judicial Management

Story Highlights
  • USP Group is under judicial management with subsidiaries facing winding-up applications.
  • The High Court has postponed the hearing to 27 June 2025 due to ongoing negotiations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
USP Group Subsidiaries Face Winding-Up Applications Amid Judicial Management

Confident Investing Starts Here:

An update from USP Group Limited ( (SG:BRS) ) is now available.

USP Group Limited, currently under judicial management, is facing winding-up applications for its subsidiaries USPI and Supra S, with the High Court adjourning the hearing to 27 June 2025 due to ongoing negotiations with UOB. The company’s trading suspension, initiated on 23 February 2024, remains in effect, and further announcements will be made as material developments occur.

More about USP Group Limited

Technical Sentiment Signal: Sell

Current Market Cap: S$3.79M

See more insights into BRS stock on TipRanks’ Stock Analysis page.

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