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Cosmosteel Avoids Delisting Amid SGX Regulatory Changes

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Cosmosteel Avoids Delisting Amid SGX Regulatory Changes

Confident Investing Starts Here:

Cosmosteel Holdings Limited ( (SG:B9S) ) just unveiled an update.

Cosmosteel Holdings Limited has announced that it will not be required to delist from the Singapore Exchange on June 4, 2025, due to a new public consultation paper by the Singapore Exchange Regulation. This paper proposes the removal of the Financial Watch-list, allowing companies currently on the list, like Cosmosteel, to remain listed regardless of their current financial status. The Board of Directors is considering the implications of this development and advises shareholders to exercise caution in trading during this period.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited, incorporated in Singapore, operates in the industrial sector, focusing on the supply of piping system components. The company serves a range of industries, including energy, marine, and construction, providing essential products for infrastructure and industrial projects.

Average Trading Volume: 240,951

Technical Sentiment Signal: Buy

Current Market Cap: S$37.54M

Find detailed analytics on B9S stock on TipRanks’ Stock Analysis page.

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