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EuroSports Global Ltd. ( (SG:5G1) ) just unveiled an announcement.
EuroSports Global Ltd. has announced a non-binding indicative term sheet with a Malaysian investor for a potential strategic investment in its subsidiary, Scorpio Electric Pte. Ltd. This proposed transaction aims to secure funding and enhance capital resources, providing the company with opportunities for co-development in Malaysia and other international markets, thereby strengthening its operational and financial position.
More about EuroSports Global Ltd.
EuroSports Global Ltd. is a company based in Singapore, operating in the automotive industry. It focuses on providing luxury automobiles and related services, with a market focus that includes the ASEAN region.
Average Trading Volume: 300,810
Technical Sentiment Signal: Sell
Current Market Cap: S$17.05M
For an in-depth examination of 5G1 stock, go to TipRanks’ Overview page.