Plato Capital Streamlines Operations with Subsidiary Liquidation

Plato Capital Limited (SG:YYN) has released an update.

Plato Capital Limited has announced the voluntary liquidation of its indirect 70% owned, dormant subsidiary Positive Carry Sdn. Bhd., as a strategic move to streamline operations and reduce costs. The liquidation is not expected to materially affect the Group’s net tangible assets or earnings for the fiscal year. This decision is part of the company’s broader efforts to optimize its corporate structure.

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