SKK Holdings Ltd. Completes Corporate Reorganization, Becomes Parent of SKK Group and Subsidiaries
SKK Holdings Ltd. has completed a significant corporate reorganization involving several transactions throughout 2023 and early 2024. The reorganization included the acquisition of shareholding interests in SKK Group by Ace Champion and Falcon Summit, and the incorporation of SKK Holdings in the Cayman Islands as the group's holding company. Following the reorganization, SKK became a wholly-owned subsidiary of SKK Group, which is itself wholly owned by SKK Holdings. The shareholding structure of SKK Holdings now includes Ms. Liao, Mr. Ng, Mr. Tang, Ace Champion, Falcon Summit, Ease Joy, and Novel Challenge, with Ms. Liao holding the largest stake. This restructuring consolidates the group's ownership and streamlines its corporate structure.
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