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Metro Holdings Clarifies Position on Proposed Boustead Transactions

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Metro Holdings Clarifies Position on Proposed Boustead Transactions

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An announcement from Metro Holdings Ltd ( (SG:M01) ) is now available.

Metro Holdings Limited, through its subsidiary Metrobilt Construction Pte Ltd, holds a 26% stake in units and notes issued by Perpetual (Asia) Limited, acting as trustee of Boustead Industrial Fund. The company announced that it has not made any decisions or agreements regarding the proposed transactions mentioned by Boustead Singapore Limited, and there is no certainty that any transaction will occur. Shareholders are advised to exercise caution when dealing with the company’s shares.

More about Metro Holdings Ltd

Average Trading Volume: 252,436

Technical Sentiment Signal: Buy

Current Market Cap: S$443M

Learn more about M01 stock on TipRanks’ Stock Analysis page.

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