EnGro Corporation Limited announced an update on the winding-up application filed against one of its subsidiaries.
The company said that the Assistant Registrar of the Supreme Court dismissed its application to stay the winding-up proceedings on Feb, 9 2026. EnGro has appealed the decision to a High Court Judge, with the appeal scheduled to be heard on Apr, 6 2026.
Management reiterated that the winding-up application is not expected to have any material impact on the Group’s consolidated net tangible assets per share or earnings per share for the current financial year ending Dec, 31 2026. Further announcements will be made as developments arise.