Singapore High Court Orders Return of SMCP Shares

The Singapore High Court has mandated Dynamic Treasure Group Ltd (DTG) to return a 15.5% stake in SMCP to European Topsoho S.à r.l. (ETS). This decision concerns shares transferred in 2021. DTG must comply within one week of receiving the order.

There is an option for an appeal, and SMCP will keep the market updated regarding the return of shares to ETS. The company emphasizes its commitment to transparency throughout this legal process.

SMCP is recognized in the accessible luxury market, managing brands like Sandro, Maje, Claudie Pierlot, and Fursac. Listed on Euronext Paris, SMCP has a significant global presence, ensuring the group remains a key player in luxury fashion.