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Samurai 2K Aerosol Ltd. Faces Insurance Claim Dispute After Fire Incident

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Samurai 2K Aerosol Ltd. Faces Insurance Claim Dispute After Fire Incident

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Samurai 2K Aerosol Ltd. ( (SG:Y8E) ) just unveiled an update.

Samurai 2K Aerosol Ltd. announced that their insurance claim related to a fire incident at their Johor Bahru premises has been declined by Zurich General Insurance Malaysia Berhad due to alleged non-compliance with policy terms. The company disputes these allegations and plans to pursue all necessary channels, including escalating the issue to Bank Negara Malaysia, to seek a fair resolution. Shareholders and potential investors are advised to exercise caution in dealing with the company’s securities.

More about Samurai 2K Aerosol Ltd.

Samurai 2K Aerosol Ltd. operates in the aerosol industry, focusing on the production and distribution of aerosol products. The company is incorporated in Singapore and is involved in serving various market segments with its aerosol solutions.

YTD Price Performance: -2.86%

Average Trading Volume: 426,727

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$22.75M

See more insights into Y8E stock on TipRanks’ Stock Analysis page.

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