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The latest announcement is out from Ascent Bridge Limited ( (SG:AWG) ).
Ascent Bridge Limited has decided not to exercise its option to disintegrate the business of MTBL Global Pte. Ltd., following a review by its Audit and Risk Committee. The company aims to maintain its growth strategy in China and international markets by leveraging synergies from its joint ventures, which is deemed to be in the best interest of the company and its minority shareholders.
More about Ascent Bridge Limited
Ascent Bridge Limited, incorporated in Singapore, operates in the business sector with a focus on expanding its operations in the China and international markets. The company is involved in joint ventures and acquisitions to enhance its market position and leverage synergies with partners.
YTD Price Performance: 86.84%
Average Trading Volume: 12,202
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$37.09M
See more data about AWG stock on TipRanks’ Stock Analysis page.