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An update from Asiatic Group (Holdings) Ltd. ( (SG:5CR) ) is now available.
The Phnom Penh Court of Appeal has acquitted Mr. Tan Boon Kheng, Managing Director of Asiatic Group (Holdings) Limited, of allegations related to a breach of special trust at Colben Energy (Cambodia) PPSEZ Limited. This decision, which rejected the appeal by Royal Group Phnom Penh SEZ Plc, is a significant development for the company, potentially stabilizing its management and operations in Cambodia.
More about Asiatic Group (Holdings) Ltd.
Asiatic Group (Holdings) Limited is a company incorporated in Singapore, operating in the energy sector with a focus on providing energy solutions in Cambodia through its subsidiary, Colben Energy (Cambodia) PPSEZ Limited.
Current Market Cap: S$12.02M
For detailed information about 5CR stock, go to TipRanks’ Stock Analysis page.