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Kim Heng Ltd. Streamlines with Subsidiary Deregistration
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Kim Heng Ltd. Streamlines with Subsidiary Deregistration

Kim Heng Ltd (SG:5G2) has released an update.

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Kim Heng Ltd. has applied to deregister its inactive subsidiary, Adira Solar, a move that is not anticipated to materially affect the company’s financials for the year ending December 2024. The subsidiary has been dormant since its inception, with no commenced business activities. This corporate action is not tied to any interests of the directors or significant shareholders beyond their existing stakes in Kim Heng Ltd.

For further insights into SG:5G2 stock, check out TipRanks’ Stock Analysis page.

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