First Sponsor Group Ltd (SG:ADN) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
First Sponsor Group Ltd has decided to redirect S$120 million initially intended for a proposed transaction towards expanding its property development, holding, and financing operations. This strategic shift underscores the company’s commitment to growth in these sectors. Investors can expect updates as these funds are deployed.
For further insights into SG:ADN stock, check out TipRanks’ Stock Analysis page.