Nera Telecommunications Ltd (SG:N01) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Nera Telecommunications Ltd has announced the initiation of a voluntary winding up of its dormant subsidiaries, Nera Telecommunications (Myanmar) Co., Ltd and Nera Networks Nigeria Limited, which have been inactive since 2023 and 2018 respectively. The liquidation of these entities is not expected to significantly affect the company’s net tangible assets or earnings per share for the fiscal year ending in December 2024.
For further insights into SG:N01 stock, check out TipRanks’ Stock Analysis page.
