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Sinarmas Land Transfers Majority Shares to Lyon Investments

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Sinarmas Land Transfers Majority Shares to Lyon Investments

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The latest update is out from Sinarmas Land Limited ( (SG:A26) ).

Sinarmas Land Limited has announced a significant transfer of shares to Lyon Investments Limited, with the latter acquiring over 90% of Sinarmas Land’s ordinary shares. This move consolidates Lyon Investments’ control over Sinarmas Land, potentially impacting the company’s strategic direction and shareholder dynamics.

More about Sinarmas Land Limited

Sinarmas Land Limited operates in the real estate industry, focusing on property development and management. The company is known for its comprehensive range of residential, commercial, and industrial properties, catering to diverse market needs.

Average Trading Volume: 2,812,589

Technical Sentiment Signal: Buy

Current Market Cap: S$1.47B

For a thorough assessment of A26 stock, go to TipRanks’ Stock Analysis page.

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