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MSM International Terminates Property Disposal Agreement

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MSM International Terminates Property Disposal Agreement

Confident Investing Starts Here:

MSM International Limited ( (SG:5QR) ) has shared an update.

MSM International Limited has announced the termination of its proposed disposal of properties in Selangor, Malaysia, initially planned through a sales agreement with Plustech Engineering and Construction. The termination, formalized through a deed of revocation, nullifies any claims or financial exchanges between the parties, indicating a strategic pivot in MSM’s business operations, potentially impacting its market positioning and stakeholder interests.

More about MSM International Limited

MSM International Limited, incorporated in Singapore, operates through its wholly-owned subsidiary, MSM Metal Industries Sdn. Bhd., focusing on the industrial sector with interests in property development and metal industries.

YTD Price Performance: -9.38%

Average Trading Volume: 40,975

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$3.06M

Find detailed analytics on 5QR stock on TipRanks’ Stock Analysis page.

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