Compuage Infocom Limited — Others, 08-05-2025: Corporate Insolvency Resolution Process

Compuage Infocom Ltd has announced a board meeting to discuss the sale process of its Singapore inventory amid corporate insolvency resolution. The stock comprises hardware like switches, routers, SSDs, and networking components from brands such as Cisco and Alate-Lucent. The sale will be on an "as is, where is" basis, inviting interested buyers to submit Expressions of Interest soon. This step aims to monetize overseas assets and enhance liquidity, which could positively affect the company’s financial restructuring and stakeholders.