MegaChem Ltd. (SG:5DS) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
MegaChem Limited has received an additional S$4.91 million in interim insurance compensation following a warehouse fire, bringing the total received to S$7.91 million. The company is awaiting regulatory clearance to rebuild and anticipates that the insurance proceeds will positively impact the financial performance for the year. Updates will be provided as significant developments occur.
For further insights into SG:5DS stock, check out TipRanks’ Stock Analysis page.