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ISDN Holdings Limited ( (SG:I07) ) has issued an update.
ISDN Holdings Limited has provided an update on the utilization of net proceeds from a previous placement of shares. The company allocated approximately S$10.415 million from the placement, with a significant portion directed towards the planning and construction of additional facilities within the ISDN High-Tech Industrial Park. As of the latest update, S$615,000 remains unutilized, with no specific timeline for full utilization disclosed. This strategic allocation of funds is expected to enhance the company’s operational capabilities and strengthen its position in the high-tech industrial sector.
The most recent analyst rating on (SG:I07) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on ISDN Holdings Limited stock, see the SG:I07 Stock Forecast page.
More about ISDN Holdings Limited
ISDN Holdings Limited is a company based in Singapore, primarily involved in the industrial sector. The company focuses on high-tech industrial developments and operates through its subsidiaries, providing solutions and services in the engineering and technology fields.
Average Trading Volume: 1,636,835
Technical Sentiment Signal: Buy
Current Market Cap: S$185.9M
See more data about I07 stock on TipRanks’ Stock Analysis page.