KOP's Indirect Unit The Cranley Hotel Completes Dissolution

MT Newswires

2024/09/18

KOP's (SGX:5I1) indirect 85%-owned unit, The Cranley Hotel (IOM), has been dissolved from the Companies Registry of the Isle of Man government, a Wednesday filing on the Singapore bourse said.

The real estate developer does not expect a substantial impact of the dissolution on its net tangible assets or earnings per share for the fiscal year ending March 31, 2025.

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