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The latest announcement is out from GRP Ltd. ( (SG:BLU) ).
GRP Ltd. has announced that its directors and former CFO have been called for an investigation by the Malaysian Commercial Crime Investigation Division concerning alleged misappropriation of funds related to an affordable housing project. No charges or restrictions have been imposed, and the company is seeking legal advice while keeping stakeholders informed of any developments.
More about GRP Ltd.
GRP Ltd. is a company incorporated in Singapore, operating with its subsidiaries in various sectors. The company is involved in an affordable housing project located in Seri Iskandar, Perak, indicating a focus on real estate development.
YTD Price Performance: 17.14%
Average Trading Volume: 6,735
Technical Sentiment Signal: Sell
Current Market Cap: S$14.78M
Learn more about BLU stock on TipRanks’ Stock Analysis page.