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Shopper360 Announces Liquidation of Myanmar Subsidiary

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Shopper360 Announces Liquidation of Myanmar Subsidiary

Shopper360 Ltd. ( (SG:1F0) ) has provided an announcement.

Shopper360 Limited has announced the voluntary liquidation of its subsidiary, shopperPlus Myanmar Co., Ltd., in which it holds a 60% shareholding. The liquidation process, managed by Competency Business Solutions Co., Ltd., follows the cessation of shopperPlus’s business activities as of January 31, 2025. This move is not expected to materially impact the company’s earnings per share or net tangible assets for the financial year ending May 31, 2025. The announcement advises shareholders and potential investors to exercise caution when dealing with the company’s shares.

More about Shopper360 Ltd.

Shopper360 Limited is a company incorporated in Singapore, operating in the retail and marketing industry. It focuses on providing marketing solutions and services, with a particular emphasis on enhancing consumer engagement and retail experiences.

YTD Price Performance: -17.50%

Average Trading Volume: 74,350

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$7.18M

See more data about 1F0 stock on TipRanks’ Stock Analysis page.

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