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ayondo European unit files for insolvency

Janice Heng

Janice Heng

Published Wed, Aug 14, 2019 · 09:50 PM

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Singapore

CATALIST-LISTED ayondo said on Wednesday that an insolvency application has been made for its indirectly-held German subsidiary ayondo GmbH (AYG).

The insolvency will effectively end the group's business-to-consumer European social trading business.

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