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EuroSports Global Ltd. ( (SG:5G1) ) has provided an update.
EuroSports Global Limited has increased its stake in Prosper Auto Pte. Ltd. from 51% to 80%, marking a significant investment in the Indonesian market. This move, facilitated by a share purchase agreement with Eden Capital, is expected to bolster EuroSports’ market presence in Indonesia and support long-term growth, as evidenced by the recent opening of a refreshed showroom in Jakarta.
More about EuroSports Global Ltd.
EuroSports Global Limited operates in the automotive industry, focusing on luxury and electric vehicles. It has several subsidiaries, including EuroSports Auto, EuroAutomobile, Scorpio Electric, Prosper Auto, EVI Electric, and DeLaCour Asia Pacific, indicating a diverse portfolio in both traditional and electric vehicle markets.
Average Trading Volume: 187,869
Technical Sentiment Signal: Sell
Current Market Cap: S$14.21M
For detailed information about 5G1 stock, go to TipRanks’ Stock Analysis page.