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
An update from Astaka Holdings Ltd. ( (SG:42S) ) is now available.
Astaka Holdings Limited has announced a revised structure for the shareholders’ loan to its joint venture company, Astaka Capital Sdn. Bhd. (ACSB), which is involved in a property development project in Malaysia. The revision follows a share subscription exercise that altered the shareholding percentages, with Seaview Holdings Sdn. Bhd. (SHSB) now holding a 51% stake and Astaka Padu Sdn. Bhd. (APSB) holding 49%. This change may impact the company’s operations and its strategic positioning in the Malaysian real estate market.
More about Astaka Holdings Ltd.
Astaka Holdings Limited is a company incorporated in Singapore, primarily involved in property and real estate development. The company operates through its subsidiaries and has a market focus on Malaysia, where it engages in joint ventures for large-scale development projects.
Technical Sentiment Signal: Sell
Current Market Cap: S$84.12M
For a thorough assessment of 42S stock, go to TipRanks’ Stock Analysis page.