Yongnam Holdings Limited (SG:AXB) has released an update.
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Yongnam Holdings Limited and its subsidiary, Yongnam Engineering & Construction, have been officially wound up by the High Court of Singapore as of 23 August 2024. The Court has also released the judicial managers from liability, and appointed liquidators from KPMG to manage the closure process. These liquidators are empowered to handle legal, banking, and payment operations for the companies during the liquidation.
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