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Abundance International Limited ( (SG:541) ) has issued an update.
Abundance International Limited has announced the termination of its joint venture in China, as agreed upon by all parties involved. This decision is not anticipated to significantly affect the company’s financial performance for the year ending December 2025, and the company plans to revisit the project upon the readiness of a new production facility.
More about Abundance International Limited
Abundance International Limited, incorporated in Singapore, operates in an industry focused on commercial-scale production, with a particular emphasis on FDME (furandicarboxylic acid methyl ester). The company is involved in various joint ventures and partnerships to enhance its market presence and operational capabilities.
Average Trading Volume: 1,521,012
Technical Sentiment Signal: Sell
Current Market Cap: S$26.92M
Learn more about 541 stock on TipRanks’ Stock Analysis page.