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mDR Limited Announces Strategic Securities Transactions

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mDR Limited Announces Strategic Securities Transactions

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mDR Limited ( (SG:Y3D) ) just unveiled an announcement.

mDR Limited announced the acquisition of quoted securities valued at approximately S$19.2 million, which represents 12.9% of its latest audited net tangible assets. Additionally, the company sold quoted securities worth about S$4.3 million, equivalent to 2.9% of its net tangible assets. These transactions reflect mDR Limited’s active management of its investment portfolio, potentially impacting its financial standing and market positioning.

The most recent analyst rating on (SG:Y3D) stock is a Hold with a S$0.06 price target. To see the full list of analyst forecasts on mDR Limited stock, see the SG:Y3D Stock Forecast page.

More about mDR Limited

mDR Limited, incorporated in the Republic of Singapore, operates in the investment sector, focusing on acquiring and managing quoted securities. The company is listed on the Singapore Exchange Securities Trading Limited and is involved in strategic investments to enhance its asset portfolio.

Average Trading Volume: 324,287

Technical Sentiment Signal: Buy

Current Market Cap: S$51.66M

See more data about Y3D stock on TipRanks’ Stock Analysis page.

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