Link Holdings Subsidiary Silverine Placed Into Liquidation

Reuters
Oct 31
Link Holdings Subsidiary Silverine Placed Into Liquidation

Link Holdings Limited announced that Silverine, its subsidiary, has been ordered into liquidation by the BVI Court, with joint and several liquidators appointed. Following the liquidation, the results of the Singapore operations will no longer be consolidated into the Group's financial statements. The company stated that this deconsolidation will allow a more focused Group, centered on its Hanatsubaki Spa Hotel in Japan and the Bintan Resort Project in Indonesia. Operations of Link Hotel in Singapore will continue.

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