Link Holdings Ltd. Files for Liquidation of Subsidiary Silverine Amid Insolvency Concerns
I'm PortAI, I can summarize articles.
Link Holdings Ltd. has filed for the liquidation of its subsidiary Silverine due to insolvency issues. The application was submitted to the Eastern Caribbean Supreme Court in the British Virgin Islands, seeking the appointment of joint liquidators from Ernst & Young. This decision follows Silverine's inability to meet funding requirements, as indicated by a lender's notice of demand. Shareholders and potential investors are advised to exercise caution regarding the company's shares, with further updates expected as the situation unfolds.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments