Ellipsiz Subsidiary E Golfing Hands Over Orchid Country Club Centre Operations to Club

Bitget2026/11/05 09:31

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Ellipsiz's wholly owned subsidiary E Golfing will transfer its Orchid Country Club center's operations to the club effective November 9, 2026.
The club will lease E Golfing's installed equipment for $8,000 monthly from November 9, 2026, through October 31, 2028.
The restructuring will trigger a nonrecurring write-off of approximately $800,000 for renovations and fittings in the fiscal year ending June 30, 2027.
UPlay's management and license fees will be suspended from November 9, 2026, until both parties agree otherwise in writing.
E Golfing will continue operating the Downtown East center under UPlay's management, with the fee suspension lowering operating costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellipsiz Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Q9WYVZHB75HWQE5U) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Ellipsiz Subsidiary E Golfing Hands Over Orchid Country Club Centre Operations to Club

You may also like

Crypto prices