Nanofilm Technologies removes dormant subsidiary
Dormant unit removed with effect from 10 January 2026
Nanofilm Technologies International Limited has struck off Nanofilm Ventures Pte. Ltd., an indirect wholly owned subsidiary, with effect from 10 January 2026, according to a press release. The board said the subsidiary had been dormant prior to the striking-off.
The move followed an application to the Accounting and Corporate Regulatory Authority under Section 344A of the Companies Act 1967.
None of the board's directors has any interest, direct or indirect, in the striking-off, other than interests arising from their shareholdings in Nanofilm, the statement said.
The move is not expected to have any material effect on its consolidated earnings per share or net tangible asset value per share for the financial year ending 31 December 2026.