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An update from Figtree Holdings Ltd. ( (SG:5F4) ) is now available.
Figtree Holdings Limited has announced an update on legal proceedings involving its 20%-owned associate, Vibrant Pucheng Logistics, with China Railway Construction Engineering Group. Vibrant Group Limited, through its subsidiary, has entered into a debt transfer agreement to acquire a portion of Vibrant Pucheng’s debt for RMB 30,000,000. This transaction is not expected to have a material financial impact on Figtree Holdings for the financial year ending 2025. The transaction involves the controlling shareholder but not other directors or shareholders.
More about Figtree Holdings Ltd.
Founded in 2009, Figtree Holdings Limited is a provider of commercial and industrial real estate solutions, primarily acting as the main contractor for projects in Singapore, including new construction and alteration works.
YTD Price Performance: 55.00%
Average Trading Volume: 28,914
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$11.14M
See more data about 5F4 stock on TipRanks’ Stock Analysis page.