New Silkroutes Group Limited (SG:BMT) has released an update.
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New Silkroutes Group Limited, a Singapore-based company, has expanded its operations in China with the setup of a wholly-owned subsidiary, Heilongjiang Xingzhou Port Agricultural Development Co., Ltd. (HLJ), through its indirect subsidiary. HLJ, with a focus on agricultural and IT consulting, has a registered capital of RMB 5,000,000 and is financed by internal resources, with no significant impact expected on the company’s financials for the fiscal year ending June 2024.
For further insights into SG:BMT stock, check out TipRanks’ Stock Analysis page.
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