Renaissance United Limited (SG:I11) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Renaissance United Limited has settled a legal dispute with Sawyer Falls for $4 million and completed a profitable asset sale, generating over $9.4 million in proceeds. The company is actively exploring acquisitions to improve its financial standing, having faced consecutive losses impacted by COVID-19, particularly in its China operations. They must improve their financial health within 36 months to avoid delisting from the Singapore Exchange.
For further insights into SG:I11 stock, check out TipRanks’ Stock Analysis page.