Astaka Holdings Ltd. (SG:42S) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Astaka Holdings Ltd. has made a strategic move by signing a term sheet for a joint venture to develop a residential serviced apartment project on a parcel of land in Johor Bahru, Malaysia. This venture involves its subsidiaries and is set to proceed with definitive agreements, subject to shareholder approval due to its classification as a ‘discloseable transaction’. The deal marks an expansion of the company’s property development portfolio in the region.
For further insights into SG:42S stock, check out TipRanks’ Stock Analysis page.