ABR Holdings Limited (SG:533) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
ABR Holdings Limited has announced the sale of its joint venture company, EKI, to Chong Yean Keow, resulting in EKI ceasing to be a part of the ABR Group. The sale included 100% of EKI’s shares and the settlement of a MYR6.8 million shareholder’s loan. This transaction is not anticipated to significantly affect the Group’s net tangible assets or earnings for the fiscal year.
For further insights into SG:533 stock, check out TipRanks’ Stock Analysis page.