Multi-Chem Limited (SG:AWZ) has released an update.
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Multi-Chem Limited has completed an independent inquiry into its marketing and promotional expenses, confirming that the transactions were legitimate and conducted without any improper actions. While no financial losses were discovered, the company plans to implement measures to prevent potential risks related to fund mismanagement. This includes revising policies and enhancing scrutiny over marketing expenditures.
For further insights into SG:AWZ stock, check out TipRanks’ Stock Analysis page.