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ASL Marine Holdings Ltd. ( (SG:A04) ) has provided an announcement.
ASL Marine Holdings Ltd. reported that a tugboat owned by one of its associate companies capsized in Indonesian waters during adverse weather, resulting in five fatalities and one injured crew member who is receiving medical treatment. The group is working closely with the vessel’s operator to provide assistance to the victims and their families, while authorities continue investigating the cause of the incident, highlighting operational and safety risks inherent in its marine activities.
The most recent analyst rating on (SG:A04) stock is a Hold with a S$0.34 price target. To see the full list of analyst forecasts on ASL Marine Holdings Ltd. stock, see the SG:A04 Stock Forecast page.
More about ASL Marine Holdings Ltd.
ASL Marine Holdings Ltd. is a Singapore-incorporated marine group operating through subsidiaries and associate companies, with activities that include owning and operating tugboats and other marine assets serving regional maritime and offshore markets.
Average Trading Volume: 2,888,968
Technical Sentiment Signal: Buy
Current Market Cap: S$324.1M
For detailed information about A04 stock, go to TipRanks’ Stock Analysis page.