Mary Chia Holdings Limited (SG:5OX) has released an update.
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Mary Chia Holdings Limited announced that their joint venture, Monsoon Hairdressing Group of Companies, could not proceed with the planned Creditors’ Voluntary Liquidation due to lack of quorum at the meetings. As a result, legal firm Quahe Woo & Palmer LLC filed winding-up applications, leading to a court order on April 5, 2024, to appoint Mr. Wong Joo Wan and Ms. Tina Phan Mei Ting as joint liquidators. Shareholders and potential investors are advised to exercise caution and seek professional advice regarding their securities.
For further insights into SG:5OX stock, check out TipRanks’ Stock Analysis page.
