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Sincap Group Ltd. ( (SG:XZB) ) has shared an announcement.
Skylink Holdings Limited has announced significant developments in its engineering business, including securing new service contracts and expanding its operational capacity. The company has signed a 2-year service contract with SBS Transit Ltd. for bus body repair works and another with F&N Foods for comprehensive maintenance services, both expected to positively impact its financial performance. Additionally, Skylink has signed a new lease for a B2 Industrial Property at Jurong Port Road, expanding its engineering workshop area to 33,300 square feet, which will enhance its MRO capabilities for commercial and heavy-duty vehicles.
More about Sincap Group Ltd.
Skylink Holdings Limited is one of the largest commercial vehicle leasing companies in Singapore, offering one-stop solutions as a trusted mobility service provider. The company provides maintenance, repairs, and overhaul (MRO) and engineering services to its internal fleet of commercial vehicles, external third-party customers, and a fleet of passenger vehicles under the Skylink Group.
Average Trading Volume: 2,565,526
Technical Sentiment Signal: Sell
Current Market Cap: S$53.79M
Find detailed analytics on XZB stock on TipRanks’ Stock Analysis page.