Grand Venture Seeks to Strike Off Dormant Subsidiary

MT Newswires

2024/11/25

Grand Venture Technology (SGX:JLB) has applied to the Companies Commission of Malaysia to strike off its dormant unit, Grand Venture Technology (Penang II), from the corporate register, according to a Friday filing on the Singapore Exchange.

The subsidiary has never commenced operations. The move is not expected to impact the company's earnings or net tangible assets for 2023 and 2024.

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