ST Group Food Industries Provides October 2025 Monthly Update on UK Subsidiaries’ Liquidation Process 1

ST Group Food Industries Faces Turbulence: Multiple UK Subsidiaries Enter Liquidation

Key Points Investors Must Know

Three UK subsidiaries of ST Group Food Industries Holdings Limited are undergoing creditors’ voluntary liquidation.
Liquidation proceedings are underway for GCTea Outlets 2B Ltd, GCTea Outlets 2A Ltd, and GCTea Ltd.
General meetings and creditors’ decisions have been held or are scheduled for October and November 2025 to formalize the appointment of joint liquidators.
Liquidation process may have material impact on the Group’s UK operations and financials.

Full Details of Liquidation Events and Shareholder Implications

ST Group Food Industries Holdings Limited (the Company, together with its subsidiaries, the Group) has provided a series of important updates regarding the ongoing liquidation of its UK-based subsidiaries. These developments come as a continuation of previous announcements made in July, August, September, and October 2025, and mark a critical juncture for the Group’s overseas operations.

Overview of Subsidiary Liquidations

The three affected entities are:

GCTea Outlets 2B Ltd
GCTea Outlets 2A Ltd
GCTea Ltd

Each of these subsidiaries is an indirect UK holding of the Group and is being placed into creditors’ voluntary liquidation due to undisclosed financial or operational challenges.

Specific Updates for Each Subsidiary

GCTea Outlets 2B Ltd

The Company confirms that GCTea Outlets 2B Ltd is currently in the process of being liquidated. No further details about the progress or creditor recoveries were provided, but the process is ongoing and material updates are expected as the liquidation progresses.

GCTea Outlets 2A Ltd

A general meeting was convened on 23 October 2025 to approve key matters, including the nomination of Mark Weekes and Paul Stanley as joint liquidators. With both shareholder and creditor approvals secured, the formal liquidation process for GCTea Outlets 2A Ltd commenced on the same day.

GCTea Ltd

Upcoming Milestones:

A general meeting of GCTea Ltd’s shareholders is scheduled for 6 November 2025 to approve voluntary liquidation and appoint the same proposed joint liquidators.
Creditors’ decision regarding the nomination of these liquidators will also be sought through a deemed consent procedure, with a decision date set for 6 November 2025.

The Company has pledged to provide further updates to shareholders as material developments arise.

Potential Impact and Price Sensitivity

Why is this News Price Sensitive?

These liquidation events represent a significant reduction in the Group’s UK footprint and could have a material impact on the Group’s financials, depending on the size and profitability of the affected subsidiaries.
The loss of these subsidiaries may result in write-downs or impairments, which could affect upcoming financial results and investor sentiment.
Investors should be alert to further announcements, as the Company has indicated more updates will be provided should material developments occur.

What Should Shareholders Do?

Shareholders are advised to monitor Company disclosures closely, as further details on the liquidation process, potential recoveries, and financial impacts will likely emerge in the coming months. These updates could influence the Group’s valuation and share price, especially if the losses are substantial or if they signal broader operational issues in overseas markets.

Conclusion

The simultaneous liquidation of three UK subsidiaries is a significant development for ST Group Food Industries Holdings Limited. Investors should consider the implications for the Group’s financial health, international strategy, and overall risk profile as more information becomes available. This news is potentially share price sensitive and warrants close attention from all stakeholders.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with financial professionals before making investment decisions. The author and publisher are not responsible for any losses that may arise from reliance on the information provided herein.