tiprankstipranks
USP Group Limited Faces Legal Challenges
Company Announcements

USP Group Limited Faces Legal Challenges

USP Group Limited (SG:BRS) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

USP Group Limited, currently under judicial management, has announced that applications have been made against them by Tay Lak Khoon in Singapore’s High Court, leading to a temporary restraint on certain actions by the Judicial Managers. The company has also informed its creditors and is awaiting further court proceedings, including a case conference set for November 7, 2024, while the trading suspension of its securities continues.

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App