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Shuang Yun Holdings Faces Liquidation and Potential Delisting

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Shuang Yun Holdings Faces Liquidation and Potential Delisting

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Shuang Yun Holdings Limited ( (HK:1706) ) has issued an announcement.

Shuang Yun Holdings Limited has announced an update on its business operations and plans for resumption. The company’s subsidiaries, Double-Trans Pte Ltd and Samco Civil Engineering Pte Ltd, have been ordered to liquidate, resulting in a complete halt of business activities. The company is currently under liquidation and has yet to fulfill the necessary conditions set by the Hong Kong Stock Exchange to resume trading. If the company does not comply with these conditions by February 2025, its listing may be canceled.

More about Shuang Yun Holdings Limited

Shuang Yun Holdings Limited operates in the infrastructure industry, primarily focusing on civil engineering services. The company has subsidiaries that were involved in construction and related services, but these have been liquidated, leading to a cessation of business operations.

Current Market Cap: HK$58M

Find detailed analytics on 1706 stock on TipRanks’ Stock Analysis page.

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