Global Invacom (SG:QS9) has released an update.
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Global Invacom Group Limited, a company listed on the Singapore Exchange, is on a watch-list due to financial criteria and is taking measures to meet the conditions for removal within 36 months from June 2024. The Group has reported a significant drop in revenue from a major customer in the Direct-to-Home sector who is experiencing tough trading conditions, and is actively managing its exposure to this debtor. Shareholders and investors are advised to exercise caution when dealing in the company’s shares.
For further insights into SG:QS9 stock, check out TipRanks’ Stock Analysis page.