tiprankstipranks
Company Announcements

Lincotrade Makes Strategic Entry into Malaysia

Lincotrade Makes Strategic Entry into Malaysia

Lincotrade & Associates Holdings Limited (SG:BFT) has released an update.

Discover the Best Stocks and Maximize Your Portfolio:

Lincotrade & Associates Holdings Limited has ventured into the Malaysian market, securing a significant infrastructure development sub-contract in Johor worth approximately RM 2.3 million, with the potential to escalate to RM 12 million. This marks the company’s first commercial engagement in Malaysia since the establishment of its subsidiary and is in line with its strategy to expand its business reach beyond Singapore. The project, which involves supplying and installing fire-rated drywall and gypsum board wall clad, is expected to be completed by early 2025.

For further insights into SG:BFT stock, check out TipRanks’ Stock Analysis page.

Related Articles
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