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The latest announcement is out from Pollux Properties Ltd. ( (SG:5AE) ).
Pollux Properties Ltd. has announced that its subsidiary, Giorgio Residences Pte. Ltd., has entered into a settlement agreement with the Management Corporation Strata Title Plan No. 4665 regarding a previous claim. The terms of the settlement are confidential, but the company believes this agreement is in its best interests and will not materially impact its financial position or operations. Shareholders are advised to be cautious in dealing with the company’s shares.
More about Pollux Properties Ltd.
Pollux Properties Ltd. operates in the real estate industry, focusing on property development and management. The company, along with its subsidiaries, is involved in various real estate projects, including residential and commercial properties.
YTD Price Performance: -4.55%
Average Trading Volume: 1,722,058
Technical Sentiment Signal: Sell
Current Market Cap: S$63.47M
For an in-depth examination of 5AE stock, go to TipRanks’ Overview page.