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Eneco Energy ( (SG:R14) ) has shared an announcement.
Eneco Energy Limited has been given an extended deadline until December 2025 to meet the Financial Exit Criteria required to exit the Watch-List of the Singapore Exchange. The company is actively pursuing strategies to improve its financial performance, including securing five new logistics contracts valued at approximately S$4.05 million annually, with one contract featuring a 100% Green Distribution Model using electric vehicles. These developments are expected to positively impact the company’s revenue and strengthen its position as a reliable logistics partner.
More about Eneco Energy
Eneco Energy Limited, incorporated in Singapore, operates in the logistics industry, focusing on providing sustainable logistics solutions. The company aims to enhance its logistics operations and explore new business opportunities to support revenue growth and operational sustainability.
Average Trading Volume: 3,839,755
Technical Sentiment Signal: Sell
Current Market Cap: S$23.17M
For detailed information about R14 stock, go to TipRanks’ Stock Analysis page.