Yongnam Holdings Limited (SG:AXB) has released an update.
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Yongnam Holdings Limited, currently in liquidation, successfully held meetings with creditors where a unanimous decision was made to form a Committee of Inspection. This development marks a critical step in the liquidation process of both the company and its subsidiary, Yongnam Engineering & Construction. The meetings confirmed the appointment of committee members to oversee the ongoing liquidation efforts.
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