Sunright Liquidates Dormant Subsidiary; Shares Surge 7%

MT Newswires08-01

Sunright (SGX:S71) said the members' voluntary liquidation of its dormant wholly owned subsidiary, Kestronics Philippines, was completed on July 25, according to a filing with the Singapore Exchange on Wednesday.

Shares of the company rose nearly 7% in recent trading.

Price (SGD): S$0.25, Change: S$+0.02, Percent Change: +6.52%

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