AGV Group (SGX:1A4), currently under compulsory liquidation, is progressing in its winding-up process by initiating the striking-off of three wholly owned subsidiaries, according to a Friday filing on the Singapore Stock Exchange.
Notices published in the government gazette on June 5 detailed plans to remove AGV Investment Malaysia, AGV Investment Indonesia, and AGV Investment Vietnam from the Register of Companies.
These units, slated for removal by Aug. 4, are dormant or inactive, minimizing any significant financial impact, according to liquidators.
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