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GKE Corporation Expands into Telecommunications Retail with Singtel Partnership

Story Highlights
  • GKE Corporation has entered the telecommunications sector, managing Singtel Retailer outlets.
  • The company expects no major financial impact from this expansion in the current fiscal year.
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GKE Corporation Expands into Telecommunications Retail with Singtel Partnership

GKE Corporation Limited ( (SG:595) ) has provided an announcement.

GKE Corporation Limited has announced that its subsidiary, GKE Retails Pte. Ltd., has commenced operations at nine Singtel Exclusive Retailer outlets in Singapore. These outlets offer a range of lifestyle and Singtel-related products and services, including mobile handsets, broadband solutions, and smart home solutions. The company does not anticipate a significant impact on its financial results for the fiscal year ending May 31, 2025, and advises shareholders to exercise caution in trading its securities.

More about GKE Corporation Limited

GKE Corporation Limited, incorporated in Singapore, operates in the telecommunications sector, focusing on the sales and distribution of mobile handsets and accessories. The company has diversified its operations to include retail and consumer services, specifically through its subsidiary GKE Retails Pte. Ltd., which manages Singtel Exclusive Retailer outlets.

YTD Price Performance: 10.53%

Average Trading Volume: 3,462,974

Technical Sentiment Signal: Hold

Current Market Cap: S$64.82M

For an in-depth examination of 595 stock, go to TipRanks’ Stock Analysis page.

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