Annica Holdings Limited (SG:5AL) 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
Annica Holdings Limited has reached a full and final settlement regarding the outstanding debt owed by Chong Shin Mun and GPE Power Systems (M) Sdn. Bhd. The settlement addresses previous concerns stemming from a series of financial agreements and demands for loan repayment totaling over S$4.78 million as of August 2024. This resolution concludes a series of announcements and legal actions dating back to 2018.
For further insights into SG:5AL stock, check out TipRanks’ Stock Analysis page.