ST Group Food Industries Seeks Shareholder Approval to Liquidate Subsidiary

MT Newswires

2025/08/22

ST Group Food Industries (SGX:DRX) will hold a general meeting of its shareholders on Sept. 18 to seek approval for the voluntary liquidation of GCTea Outlets 2B, according to a Friday filing with the Singapore Exchange.

The company will also seek approval of the appointment of Mark Weekes and Paul Stanley as joint liquidators of GCTea Outlets 2B.

GCTea Outlets 2B is the trading and sub-franchisees management company for the Gong Cha brand in

the UK.

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