USP Group Limited (SG:BRS) has released an update.
USP Group Limited, a Singapore-incorporated company, has been placed under judicial management as ordered by the Singapore High Court on June 11, 2024. The firm’s interim judicial managers, Tan Wei Cheong and Lim Loo Khoon of Deloitte & Touche LLP, have been officially appointed as the company’s joint and several judicial managers. Consequently, the trading suspension of the company’s securities, effective since February 23, 2024, remains ongoing.
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