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Hengyang Petrochemical Logistics Deregisters Inactive Associated Company

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Hengyang Petrochemical Logistics Deregisters Inactive Associated Company

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Hengyang Petrochemical Logistics Ltd. ( (SG:5PD) ) has issued an update.

Hengyang Petrochemical Logistics Ltd. has announced the deregistration of its inactive associated company, Jiangsu Nanrong Petrochemical Co., Ltd., in China. The company held a 41.64% shareholding in Jiangsu Nanrong. This deregistration is not expected to materially impact the company’s net tangible assets or earnings per share for the financial year ending December 31, 2025, and none of the directors or controlling shareholders have any direct or indirect interest in this deregistration.

More about Hengyang Petrochemical Logistics Ltd.

Hengyang Petrochemical Logistics Ltd. is a company based in Singapore, operating within the petrochemical logistics industry. It focuses on providing logistics services related to petrochemical products.

Average Trading Volume: 100

Technical Sentiment Signal: Buy

Current Market Cap: S$30.52M

For detailed information about 5PD stock, go to TipRanks’ Stock Analysis page.

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