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SMCP - Return of the shares to European Topsoho and clarification of shareholding situation
Globenewswire·2025-08-11 15:40

SMCP has been informed that, following the decision of the Singapore High Court on July 4, 2025, the 15.5% stake of SMCP which had been transferred in 2021 to Dynamic Treasure Group has been returned to European Topsoho S.à r.l. (ETS) on August 11, 2025. ETS was placed under bankruptcy proceedings in February 2023 and is currently managed by a curator under the supervision of the Luxembourg court. The return of the shares clarifies SMCP shareholding situation. The Group remains focused on executing its prof ...