Subsidiaries27 March 2026 at 01:50 pm
Polyplex Corporation Ltd Announces Dissolution of Step-Down Subsidiary PAR LLC, USA
AI Summary
Polyplex Corporation Ltd has announced the voluntary dissolution of its step-down subsidiary, PAR LLC, USA, following the completion of requisite filings with the Secretary of State of the State of Texas. PAR LLC, USA, which was domiciled in the United States of America, has not contributed to the turnover or revenue or income and net worth of the company in the last financial year 2024-25. The decision to dissolve PAR LLC, USA, was not a related party transaction and did not fall within the Scheme of Arrangement.
Key Highlights
- Polyplex Corporation Ltd announces the dissolution of its step-down subsidiary, PAR LLC, USA.
- PAR LLC, USA, was domiciled in the United States of America and has been voluntarily dissolved following requisite filings.
- PAR LLC, USA, did not contribute to the turnover or revenue or income and net worth of the company in the last financial year 2024-25.
- The decision to dissolve PAR LLC, USA, was not a related party transaction.
- The dissolution of PAR LLC, USA, did not fall within the Scheme of Arrangement.
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