British and Malayan Targets Financial Turnaround

British and Malayan Holdings Limited (SG:CJN) has released an update.

British and Malayan Holdings Limited is working diligently to get off the SGX-ST Watch-List by June 2026, showing promising signs with increased quarterly revenue as of June 2024, due to enhanced marketing strategies and wise financial placements. Despite a rise in total costs attributed to bonuses and asset write-downs, the company has effectively reduced annual expenses and is actively exploring new investment opportunities to drive future growth. The subsidiary’s core Trustee business in Singapore is expected to contribute to revenue expansion, reflecting the company’s commitment to meeting the Financial Exit Criteria.

For further insights into SG:CJN stock, check out TipRanks’ Stock Analysis page.