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Associated British Engineering's Board Plans to Add Resolution to Cease Operations in FY27

MT Newswires·12/22/2025 06:24:48
語音播報
06:24 AM EST, 12/22/2025 (MT Newswires) -- Associated British Engineering's (ASBE.L) board plans to propose a resolution to cease operations at its next annual general meeting in March 2026. The engineering company intends to cease operations on July 29, 2027, if it fails to secure a deal under UK rules for shell companies, according to a Monday filing. The proposal comes after the restoration of trading as a shell company.