MegaChem Ltd. (SG:5DS) has released an update.
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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.