Shanaya Limited (SG:SES) has released an update.
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Shanaya Limited has announced the successful exercise of an option to purchase by Arina International Holding Pte. Ltd. for their Kian Teck facility, with a deposit of S$369,000 made to the vendor’s solicitors. This move is a part of the proposed disposal process, indicating a significant transaction within the company’s portfolio, and further updates are to be made as the disposal progresses.
For further insights into SG:SES stock, check out TipRanks’ Stock Analysis page.