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Emerging Towns & Cities Singapore Ltd Advances Towards Trading Resumption

Story Highlights
  • Emerging Towns & Cities Singapore Ltd is focusing on urban development and city planning.
  • The company is taking strategic steps to resume trading and strengthen its financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Emerging Towns & Cities Singapore Ltd Advances Towards Trading Resumption

Elevate Your Investing Strategy:

Emerging Towns & Cities Singapore Ltd ( (SG:1C0) ) has issued an announcement.

Emerging Towns & Cities Singapore Ltd has been actively working towards resuming trading by complying with the Catalist Rules of the SGX-ST. The company has made several strategic moves, including the appointment of a new Independent Director and the reconstitution of its board. It has entered into a sale agreement to dispose of DAS Pte. Ltd. and has incorporated a new subsidiary in Hainan. Additionally, the company has extended its agreement with Grand Ally Investments and entered into subscription agreements for convertible bonds, indicating a strategic shift to strengthen its financial position and operational capabilities.

More about Emerging Towns & Cities Singapore Ltd

Emerging Towns & Cities Singapore Ltd is a company incorporated in Singapore, focusing on urban development and city planning. The company, along with its subsidiaries, operates in the real estate sector, aiming to enhance urban living through strategic investments and developments.

Current Market Cap: S$33.39M

For a thorough assessment of 1C0 stock, go to TipRanks’ Stock Analysis page.

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