tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IPS Securex Expands with New Malaysian Subsidiary

Story Highlights
IPS Securex Expands with New Malaysian Subsidiary

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1