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The latest update is out from New Toyo International Holdings Ltd ( (SG:N08) ).
New Toyo International Holdings Ltd has announced that its Bursa Malaysia-listed subsidiary, Tien Wah Press Holdings Berhad, has entered into a proposed venture involving Lum Chang Tien Wah Property Sdn. Bhd. and MyTelehaus Sdn. Bhd., signalling continued use of its regional subsidiaries to pursue partnership-led growth. The company stated that the proposed venture is not expected to have a material impact on the Group’s net tangible assets per share or earnings per share for the financial year ending 31 December 2025, and confirmed that none of its directors or controlling shareholders have any direct or indirect interests in the transaction beyond their existing shareholdings, suggesting limited immediate financial effect and minimal governance or conflict-of-interest concerns for stakeholders.
The most recent analyst rating on (SG:N08) stock is a Hold with a S$0.24 price target. To see the full list of analyst forecasts on New Toyo International Holdings Ltd stock, see the SG:N08 Stock Forecast page.
More about New Toyo International Holdings Ltd
New Toyo International Holdings Ltd is a Singapore-incorporated investment holding company with a portfolio that includes Tien Wah Press Holdings Berhad (TWPH), a subsidiary listed on Bursa Malaysia. Through its group structure, New Toyo participates in regional business ventures and investments, leveraging its listed subsidiaries to pursue growth opportunities in related sectors and markets.
Average Trading Volume: 33,792
Technical Sentiment Signal: Buy
Current Market Cap: S$100.9M
Learn more about N08 stock on TipRanks’ Stock Analysis page.