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An announcement from Sing Holdings Ltd. ( (SG:5IC) ) is now available.
Sing Holdings Limited has addressed shareholder queries regarding its annual report for the financial year ending December 2024. The company expressed gratitude to long-time shareholders and stated that any decision on special dividends will be aligned with the group’s profitability and future growth plans. Additionally, despite competitive market conditions in Melbourne, the company has no plans to sell its Travelodge Docklands hotel, which remains profitable and strategically located, contributing positively to the group’s cash flow.
More about Sing Holdings Ltd.
Sing Holdings Limited, incorporated in Singapore, operates within the real estate industry, focusing on property development and investment. The company is known for projects like Parc Botannia and North Gaia, and it owns properties such as the Travelodge Docklands hotel in Melbourne.
YTD Price Performance: 1.52%
Average Trading Volume: 93,575
Technical Sentiment Signal: Sell
Current Market Cap: S$136.3M
Learn more about 5IC stock on TipRanks’ Stock Analysis page.