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Rich Capital Streamlines Structure by Deregistering Subsidiary
Company Announcements

Rich Capital Streamlines Structure by Deregistering Subsidiary

Rich Capital Holdings Limited (SG:5G4) has released an update.

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Rich Capital Holdings Limited has announced the deregistration of its dormant subsidiary, Infinio Korea Co., Ltd., from the Korean Corporate Registry. This move is not expected to affect the company’s financial health, specifically its earnings or net tangible assets per share, through the fiscal year ending March 31, 2025. The company’s directors and major shareholders have no significant interests in the subsidiary’s deregistration besides their shareholdings.

For further insights into SG:5G4 stock, check out TipRanks’ Stock Analysis page.

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