Link Holdings says liquidators complete S$115 million forced sale of subsidiaries shares

PUBT·04/29/2026 14:03:49

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Link Holdings disclosed completion of a forced sale of Silverine Pacific assets under liquidation, transferring all shares in subsidiaries HHI and LHI.
Sale closed Jan. 2, 2026 for consideration of S$ 115 million.
Net proceeds could ultimately accrue to Link Holdings, subject to outcome of appeal in Singapore proceedings tied to 2023 Facility Agreement.
Distribution also depends on settlement of all liabilities and other amounts with statutory or other priorities.
Joint liquidators executed disposal under a BVI court order without board approval from Silverine or Link Holdings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Link Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12136787), on April 29, 2026, and is solely responsible for the information contained therein.

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