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Credit Bureau Asia Limited ( (SG:TCU) ) has provided an update.
Credit Bureau Asia Limited is in talks with Credit Bureau Singapore to create a joint venture aimed at establishing a third-party risk management central utility bureau in Singapore. This initiative is expected to enhance the support for financial institutions and other entities in the region, with funding sourced from existing cash reserves, indicating a strategic move to strengthen its market position.
The most recent analyst rating on (SG:TCU) stock is a Hold with a S$1.30 price target. To see the full list of analyst forecasts on Credit Bureau Asia Limited stock, see the SG:TCU Stock Forecast page.
More about Credit Bureau Asia Limited
Credit Bureau Asia Limited is a prominent entity in the credit and risk information solutions sector in Southeast Asia, focusing on providing comprehensive services to support financial institutions and other stakeholders in managing credit and risk effectively.
Average Trading Volume: 80,598
Technical Sentiment Signal: Buy
Current Market Cap: S$299.5M
For detailed information about TCU stock, go to TipRanks’ Stock Analysis page.