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GSH Corporation Explores New Ventures Amid Shareholder Concerns

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GSH Corporation Explores New Ventures Amid Shareholder Concerns

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GSH ( (SG:BDX) ) has provided an announcement.

GSH Corporation Limited held an Extraordinary General Meeting to discuss proposed resolutions, including diversification into a Digital Asset Mining Business. Despite concerns about the high costs of mining in Singapore, the company plans to invest S$35 million to explore this new venture, with the possibility of sourcing operations from more cost-efficient locations. The management has conducted due diligence and consulted specialists to ensure the feasibility of the management services for this business.

More about GSH

Average Trading Volume: 757,156

Technical Sentiment Signal: Buy

Current Market Cap: S$508.3M

See more data about BDX stock on TipRanks’ Stock Analysis page.

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