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IPS Securex Holdings ( (SG:42N) ) has issued an update.
IPS Securex Holdings Limited has announced that the total value of transactions with IPS Group Pte. Ltd. and IPS Realty Pte. Ltd. has exceeded 3% of its latest audited net tangible assets for the financial year ending 30 June 2025. This triggers the requirement under the Catalist Rules to make an immediate announcement and report all future transactions with these interested parties. The transactions involve IPS Group, which is engaged in manufacturing and distribution, and IPS Realty, which deals in real estate. This development highlights the interconnected nature of the company’s operations with its controlling shareholders, potentially affecting its financial transparency and stakeholder relations.
More about IPS Securex Holdings
IPS Securex Holdings Limited, incorporated in Singapore, operates in the security solutions industry, offering a range of products and services designed to enhance safety and security. The company focuses on providing advanced security systems and technologies to various sectors, ensuring comprehensive protection and operational efficiency.
Average Trading Volume: 664,305
Technical Sentiment Signal: Sell
Current Market Cap: S$4.36M
See more data about 42N stock on TipRanks’ Stock Analysis page.