MegaChem Ltd. (SG:5DS) has released an update.
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MegaChem Limited has received a further insurance payout of S$4,379,603.77 for the warehouse fire incident, bringing the total compensation to S$12,289,603.77 to date. The company expects these funds to positively impact its financial results for the year ending December 31, 2024, and promises to keep shareholders informed on any substantial developments.
For further insights into SG:5DS stock, check out TipRanks’ Stock Analysis page.