Why Did USCOM Sell Its Subsidiary and Halt Operations with Just $2,000 Cash?

middle.news 2:22pm on Friday 30th of January, 2026 AEDT • Healthcare Read Story

Why Did USCOM Sell Its Subsidiary and Halt Operations with Just $2,000 Cash?

2:22pm on Friday 30th of January, 2026 AEDT Key Points Sale of Uscom SNG Pte. Ltd to AXO for $2.591 million Consideration settled by transferring liabilities to key shareholders Net cash used in operating activities of $397,000 for the quarter Cash balance at quarter end reduced to just $2,000 Read Story

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