Resources Global Development Limited (SG:V7R) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Resources Global Development Limited announces a shift in its subsidiary PT Deli Niaga Sejahtera’s operations from coal trading to investment holding, following the acquisition of a majority stake in PT Deli Pratama Batubara. This strategic move is expected to enhance the Group’s direct coal sales capabilities through PT Deli Pratama Batubara’s mine in Central Kalimantan.
For further insights into SG:V7R stock, check out TipRanks’ Stock Analysis page.