TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hotung Investment Holdings Limited ( (SG:BLS) ) just unveiled an update.
Hotung Investment Holdings Limited announced the listing of its investee company, BORETECH Resource Recovery Engineering Co., Ltd., on the Taiwan Stock Exchange. BORETECH, a leader in the recycled polyester industry, is expanding its market presence with a focus on high-value bottle-to-bottle recycling lines and FDA-approved rPET pellets in the US, Japan, and Taiwan. This strategic move aligns with global commitments to net-zero emissions, potentially enhancing BORETECH’s market growth and strengthening Hotung’s investment portfolio.
More about Hotung Investment Holdings Limited
Hotung Investment Holdings Limited operates in the investment industry, focusing on identifying and nurturing promising businesses. The company has a diverse portfolio, including investments in innovative sectors such as recycled polyester, through its investee company BORETECH Resource Recovery Engineering Co., Ltd.
YTD Price Performance: 9.30%
Average Trading Volume: 17,309
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$134.7M
For a thorough assessment of BLS stock, go to TipRanks’ Stock Analysis page.