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Fu Yu Corporation Limited ( (SG:F13) ) has provided an announcement.
Fu Yu Corporation Limited, through its subsidiary Fu Yu Supply Chain Solutions Pte. Ltd., has been involved in arbitration proceedings with Evertree. The arbitral tribunal has ruled in favor of Evertree, awarding them approximately S$1.67 million, including interest and legal costs. This decision will materially impact Fu Yu’s financial statements for the year ended December 2024, as the company had previously provisioned S$1.24 million for this claim.
More about Fu Yu Corporation Limited
Average Trading Volume: 351,246
Technical Sentiment Signal: Sell
Current Market Cap: S$73.15M
For a thorough assessment of F13 stock, go to TipRanks’ Stock Analysis page.