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Hatten Land’s Strategic Agreement Expires Amid Funding Challenges

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Hatten Land’s Strategic Agreement Expires Amid Funding Challenges

Elevate Your Investing Strategy:

Hatten Land Limited ( (SG:PH0) ) has shared an update.

Hatten Land Limited announced the expiration of the binding key terms for a proposed strategic implementation agreement with Hungchi Enterprise Pte. Ltd. The lapse occurred due to the lack of documented proof of funding and the strategic investor’s unwillingness to provide a deposit. The judicial managers remain open to other investor proposals that align with the company’s objectives under judicial management. Despite the suspension of the company’s shares, stakeholders are advised to stay informed through future announcements.

More about Hatten Land Limited

Hatten Land Limited is a company incorporated in Singapore, currently under judicial management. It operates in the real estate and property development industry, focusing on strategic investments and partnerships to enhance its market position.

YTD Price Performance: 10.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$20.43M

Learn more about PH0 stock on TipRanks’ Stock Analysis page.

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