Singtel puts HOOQ into liquidationFriday, March 27th, 2020
Creditors’ Voluntary Liquidation Of HOOQ Digital Pte. Ltd.
Appointment Of Provisional Liquidators
Singapore Telecommunications Limited (“Singtel”) wishes to announce that HOOQ Digital Pte. Ltd. (“HOOQ”), a joint venture company in which Singtel has an indirect 76.5% effective interest, has commenced a creditors’ voluntary liquidation and appointed Messrs Lim Siew Soo and Brendon Yeo Sau Jin, both c/o 8 Shenton Way #37-02, AXA Tower, Singapore 068811, as its joint and several provisional liquidators.
The liquidation of HOOQ is not expected to have any material impact on the net tangible assets or earnings per share of Singtel.
Issued by Singapore Telecommunications Limited on 27 March 2020.