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OceanScape Enters Commodities Trading with Major Iron Ore Deal

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OceanScape Enters Commodities Trading with Major Iron Ore Deal

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V2Y Corporation Ltd. ( (SG:V2Y) ) just unveiled an update.

OceanScape International Limited has announced its first major transaction in its new Commodities Trading Business, with its subsidiary OceanScape Trading Pte. Ltd. entering into an agreement to supply up to 1,200,000 metric tons of iron ore fines to Eldon Development Ltd, a subsidiary of Shandong Steel International Trading Ltd. This move marks OceanScape’s strategic entry into the commodities trading market, acting as a middleman for the supply of iron ore, contingent upon shareholder approval by January 31, 2026.

The most recent analyst rating on (SG:V2Y) stock is a Sell with a S$0.01 price target. To see the full list of analyst forecasts on V2Y Corporation Ltd. stock, see the SG:V2Y Stock Forecast page.

More about V2Y Corporation Ltd.

OceanScape International Limited, formerly known as V2Y Corporation Ltd., is a company incorporated in Singapore. It is diversifying its business to include commodities trading, specifically focusing on the trading of iron ore fines.

Technical Sentiment Signal: Sell

Current Market Cap: S$3.71M

Learn more about V2Y stock on TipRanks’ Stock Analysis page.

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