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The latest announcement is out from IPS Securex Holdings ( (SG:42N) ).
IPS Securex Holdings Limited announced the incorporation of a new wholly-owned subsidiary, Securex GS Sdn. Bhd., in Malaysia, with a focus on building construction and security systems integration. Additionally, the company subscribed for additional shares in this subsidiary, increasing its issued capital. These transactions were financed through internal resources and are not expected to significantly impact the company’s financials for the fiscal year ending June 2025.
More about IPS Securex Holdings
IPS Securex Holdings Limited is a company based in Singapore, operating in the security industry. The company focuses on security systems integration, building construction, and the sale of related accessories and equipment.
YTD Price Performance: 10.0%
Average Trading Volume: 598,211
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$5.82M
For a thorough assessment of 42N stock, go to TipRanks’ Stock Analysis page.