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ISDN Holdings Limited ( (SG:I07) ) has provided an update.
ISDN Holdings Limited has announced the completion of a members’ voluntary liquidation of its 67% owned subsidiary, PT TDS Technology, based in Indonesia. This decision aligns with ISDN’s strategy to streamline its corporate structure, and the liquidation is not expected to significantly impact the company’s financial metrics for the current financial year. The directors and substantial shareholders do not have any direct or indirect interest in this liquidation beyond their shareholdings.
More about ISDN Holdings Limited
ISDN Holdings Limited is a company based in Singapore, operating within the technology sector. It focuses on providing engineering solutions and services, with a market presence in Singapore and Hong Kong, and a strategic interest in simplifying its corporate structure.
YTD Price Performance: 1.89%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €100.1M
For a thorough assessment of I07 stock, go to TipRanks’ Stock Analysis page.
