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Duty Free International Extends Joint Development Agreement Period

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Duty Free International Extends Joint Development Agreement Period

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An announcement from Duty Free International Limited ( (SG:5SO) ) is now available.

Duty Free International Limited has announced an extension of the conditional period for its joint development agreement with Kelana Megah Sdn Bhd and Chin Hin Property (Stulang) Sdn Bhd. The extension, which lasts until June 2026, allows more time to fulfill conditions for the development of a parcel of land in Johor Bahru. This move highlights the company’s ongoing commitment to its development projects, although there remains uncertainty about the project’s completion.

More about Duty Free International Limited

Duty Free International Limited is a company incorporated in Singapore, operating in the duty-free retail industry. It focuses on providing a range of duty-free products and services, catering to travelers and tourists.

Average Trading Volume: 99,874

Technical Sentiment Signal: Buy

Current Market Cap: S$105.4M

See more data about 5SO stock on TipRanks’ Stock Analysis page.

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