Interra Resources Ltd. (SG:5GI) has released an update.
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Interra Resources Limited, an SGX-listed company specializing in petroleum exploration and production, has been granted an extension until December 4, 2024, to satisfy conditions for removal from the SGX-ST watch list. The company’s latest annual report details its financial status and operational activities, while shareholders have approved a share purchase mandate. Interra is also expanding into renewable energy with recent agreements to develop a wood pellet manufacturing plant and a solar farm in Indonesia and Sabah, respectively.
For further insights into SG:5GI stock, check out TipRanks’ Stock Analysis page.