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The latest update is out from Nera Telecommunications Ltd ( (SG:N01) ).
Nera Telecommunications Ltd’s subsidiary, Nera (Malaysia) Sdn. Bhd., is facing a legal claim from its former landlord, Great One Coconut Products Industries (M) Sdn. Bhd., for delayed possession handover of leased factory premises and unpaid liquidated damages. Despite the ongoing legal proceedings, Nera Telecommunications Ltd plans to counterclaim and does not anticipate any significant impact on its operations or financial performance for the fiscal year ending December 31, 2025.
More about Nera Telecommunications Ltd
Nera Telecommunications Ltd, incorporated in Singapore, operates in the telecommunications industry. The company, along with its subsidiaries, offers various telecommunications and networking services, with a market focus on providing solutions across different regions, including Malaysia.
YTD Price Performance: -5.00%
Average Trading Volume: 352,973
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$34.38M
Find detailed analytics on N01 stock on TipRanks’ Stock Analysis page.