
Sing Holdings Winds Up Dormant Subsidiary Fernvale Green

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Sing Holdings Ltd. has initiated the voluntary liquidation of its 70%-owned dormant subsidiary, Fernvale Green Pte. Ltd., as part of a corporate streamlining effort. The company indicated that this action will not significantly impact its net tangible assets or earnings for the financial year ending December 31, 2025. The latest analyst rating for Sing Holdings (SG:5IC) is a Hold with a price target of S$0.50. Sing Holdings is focused on managing its portfolio of subsidiaries in the real estate sector.
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