Hubtown to merge two subsidiaries via scheme of arrangement

Hubtown Limited announced a scheme of arrangement for merging its subsidiaries, Saicharan Consultancy and 25 West Realty, with itself. The move aims to streamline operations and reduce compliance costs. No financial details of the merger were disclosed. The effective date and regulatory approvals are awaited.

📊 STOCKS: HUBTOWN | 🏢 SECTOR: Realty | #LOWIMPACT #Merger