First Resources Affirms Compliance with RSPO Sustainability Standards Amid Suspension Appeal

First Resources (Singapore) ( (SG:EB5) ) just unveiled an update.

First Resources Limited has received confirmation from the Roundtable on Sustainable Palm Oil (RSPO) that it complies with all sustainability standards, including environmental requirements and no deforestation commitments. Despite a three-month suspension due to procedural disclosure issues, which do not affect its environmental practices, the company is appealing the decision and enhancing its internal protocols to align with best practices.

The most recent analyst rating on (SG:EB5) stock is a Buy with a S$2.00 price target. To see the full list of analyst forecasts on First Resources (Singapore) stock, see the SG:EB5 Stock Forecast page.

More about First Resources (Singapore)

First Resources Limited is a Singapore-based company operating in the palm oil industry. The company focuses on sustainable palm oil production and sourcing, adhering to environmental and sustainability standards.

Average Trading Volume: 1,669,723

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$2.43B

For detailed information about EB5 stock, go to TipRanks’ Stock Analysis page.