BH Global Updates on Subsidiary’s Liquidation Progress

Tip Ranks
2025.08.07 09:44
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BH Global Corporation Limited has announced an update on the voluntary winding-up of its subsidiary, OMS. The creditors have approved the resignation of Mr. Jimmy as a joint liquidator, leaving Mr. Ong Boon Lee as the sole liquidator. This update reflects the company's efforts to manage the subsidiary's closure effectively, impacting its operational focus and stakeholder interests. BH Global operates in the industrial sector, providing solutions in marine, offshore, and environmental services, with a current market cap of S$37.5M.

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BH Global Corporation Limited ( (SG:BQN) ) just unveiled an announcement.

BH Global Corporation Limited has announced an update regarding the voluntary winding-up of its subsidiary, OMS. The resignation of Mr. Jimmy as one of the joint liquidators has been approved by OMS’s creditors, leaving Mr. Ong Boon Lee as the sole liquidator to oversee the remaining liquidation process. This development is part of the company’s ongoing efforts to manage its subsidiary’s closure effectively, with implications for its operational focus and stakeholder interests.

More about BH Global Corporation Limited

BH Global Corporation Limited operates in the industrial sector, focusing on providing comprehensive solutions in the areas of marine, offshore, and environmental services. The company is known for its diverse range of products and services, catering to various market needs within these industries.

Average Trading Volume: 11,556

Technical Sentiment Signal: Buy

Current Market Cap: S$37.5M

See more data about BQN stock on TipRanks’ Stock Analysis page.

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