USP Group Limited (SG:BRS) has released an update.
USP Group Limited, currently under interim judicial management, has announced that the court’s decision regarding their Judicial Management Application is pending. Additionally, the company’s subsidiary, Scientific & Industrial Instrumentation Pte Ltd, has been issued a payment demand of SGD 881,634.45 by United Overseas Bank Limited, with potential property sale implications. Shares of USP Group Limited remain suspended since February 2024.
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