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Incredible Holdings Ltd. ( (SG:RDR) ) has shared an update.
Incredible Holdings Ltd. has entered into a non-binding memorandum of understanding with Sheng Tai International for a proposed reverse takeover. This strategic move aims to diversify the company’s revenue streams and enhance shareholder value by injecting a prime land asset in Malaysia for development. The restructuring will involve issuing new shares to Sheng Tai and appointing new directors to align with the company’s new strategic direction.
More about Incredible Holdings Ltd.
Current Market Cap: S$5.99M
For an in-depth examination of RDR stock, go to TipRanks’ Stock Analysis page.