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Sapphire Corporation Limited ( (SG:BRD) ) just unveiled an announcement.
Sapphire Corporation Limited announced a new 2025 Covered Guarantee Agreement with Shandong Hi-Speed Road & Bridge Group Co., Ltd., involving Chengdu KQR and Ranken Railway. The agreement, effective from July 4, 2025, maintains similar terms to previous agreements but increases the aggregate value of the guarantee to RMB 350,000,000. This move reflects the company’s strategic efforts to enhance its financial commitments and strengthen its market position in the infrastructure sector.
More about Sapphire Corporation Limited
Sapphire Corporation Limited, incorporated in Singapore, operates in the infrastructure and construction industry, focusing on projects related to railway systems through its subsidiary, Ranken Railway.
Average Trading Volume: 330,777
Technical Sentiment Signal: Sell
Current Market Cap: S$17.93M
Learn more about BRD stock on TipRanks’ Stock Analysis page.