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Hong Lai Huat Receives Partial Payment for HLHA Disposal

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Hong Lai Huat Receives Partial Payment for HLHA Disposal

Elevate Your Investing Strategy:

Hong Lai Huat Group Limited ( (SG:CTO) ) just unveiled an update.

Hong Lai Huat Group Limited has received a partial payment of USD 2.6 million as part of the final 10% balance for the disposal of HLHA. The completion of this transaction is contingent upon the final tax audit clearance in Cambodia, with an outstanding balance of USD 1 million expected thereafter. Shareholders are advised to exercise caution as the completion of the disposal is not guaranteed.

More about Hong Lai Huat Group Limited

Hong Lai Huat Group Limited is a company incorporated in Singapore, listed on the SGX Mainboard. It operates in various sectors, focusing on real estate and agricultural development, with a market presence in regions like Cambodia.

Average Trading Volume: 167,464

Technical Sentiment Signal: Sell

Current Market Cap: S$25.37M

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

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