tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GRP Ltd. Pursues New Ventures to Exit SGX Watch-list

Story Highlights
GRP Ltd. Pursues New Ventures to Exit SGX Watch-list

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from GRP Ltd. ( (SG:BLU) ) is now available.

GRP Ltd. has been placed on the Singapore Exchange’s Watch-list due to not meeting financial entry criteria. The company is actively working to meet the exit criteria by exploring various business opportunities, including a potential project in China related to energy storage systems. This move could significantly impact the company’s operations and market positioning, potentially offering new growth avenues and reassuring stakeholders of its commitment to financial recovery.

More about GRP Ltd.

GRP Ltd. is a company incorporated in Singapore, operating in an industry that involves energy savings and storage solutions. The company is exploring business opportunities in the People’s Republic of China, focusing on regenerative braking systems in elevator systems, known as the Battery Energy Storage System (BESS Project).

Average Trading Volume: 23,804

Technical Sentiment Signal: Sell

Current Market Cap: S$8.65M

For an in-depth examination of BLU stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1