Sen Yue (SGX:5BS) filed an application with the Accounting and Corporate Regulatory Authority to strike off its subsidiary, SYH E-Waste Management.
ACRA has approved the application, according to a filing with the Singapore Exchange on Monday.
SYH E-Waste has been dormant for the more than five years and the striking off is not expected to impact the company's earnings per share of the financial year ending Sept. 30.