Avarga Turns Malaysian Paper Unit Into Investment Arm

SGX Filings
09/24

Avarga Limited announced that its wholly-owned subsidiary, UPP Pulp & Paper (M) Sdn. Bhd., has changed its principal business activity from paper manufacturing to portfolio investment.

The switch follows the previously disclosed cessation of the subsidiary’s paper business after Dec, 31 2024, first announced on Nov, 29 2024. The latest update was filed on Sep, 24 2025.

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