Pan-United Corporation Ltd. (SG:P52) has released an update.
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Pan-United Corporation Ltd, ahead of its AGM, has addressed shareholder queries, explaining the finance cost increase due to a higher interest rate environment and lease liabilities. The company didn’t disclose ready-mix concrete pricing due to market sensitivities but noted that the construction sector’s forecast by the BCA suggests a robust demand, with the company’s business expected to align with the sector’s overall performance.
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