Duty Free International Limited (SG:5SO) 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
Duty Free International Limited has announced that its subsidiary, Kelana Megah Sdn. Bhd., has entered into a joint development agreement with Chin Hin Property (Stulang) Sdn. Bhd. to develop a significant parcel of land in Johor Bahru. The collaborative project aims to leverage the property investment expertise of both parties to realize the potential of the 17,342 square meter leasehold land. This strategic move marks a significant venture for the company into the property development sector.
For further insights into SG:5SO stock, check out TipRanks’ Stock Analysis page.