SMCP returns to growth, ending legal battle

Featured image of the article SMCP returns to growth, ending legal battle

An article by Sophie Baqué

Publication

20 August 2025 à 17h25

Updated on 25 August 2025 à 11h15

Reading time

3 minutes

Publication: 20 August 2025 à 17h25, Updated on 25 August 2025 à 11h15

Reading time: 3 minutes

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An article by Sophie Baqué

Publication

20 August 2025 à 17h25

Updated on 25 August 2025 à 11h15

Reading time

3 minutes

Publication: 20 August 2025 à 17h25, Updated on 25 August 2025 à 11h15

Reading time: 3 minutes

Share
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On August 11, 2025, SMCP (including Sandro and Maje) announced the end of a legal battle from 2021. Following a ruling by the High Court of Singapore, the 15.5% stake that had been wrongfully transferred to the owner of a bank account in the British Virgin Islands was returned to the Luxembourg holding company European TopSoho. These shares disappeared four years ago when the heavily indebted Chinese shareholder Shandong Ruyi defaulted and lost the majority of capital to creditors, who had...

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Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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