SINGASIA HLDG completes the sale of all equity in SingAsia Resources

Zhitong
2025.10.03 09:14
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According to the announcement from SINGASIA HLDG, the sale of all issued share capital of SingAsia Resources Pte. Ltd. has been completed on October 3, 2025. After the completion, the target company will no longer be a subsidiary of the company, and the company will no longer hold any issued share capital of the target company. Therefore, the financial performance of the target company will no longer be consolidated into the group's consolidated financial statements

According to the announcement from SINGASIA HLDG (08293), the sale of all issued share capital of SingAsia Resources Pte. Ltd. has been completed on October 3, 2025. After the completion, the target company will no longer be a subsidiary of the company, and the company will no longer hold any issued share capital of the target company. Therefore, the financial performance of the target company will no longer be consolidated into the group's consolidated financial statements