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TA Corporation Ltd. ( (SG:PA3) ) has issued an announcement.
TA Corporation Ltd. has announced that the Phnom Penh Court of Appeal has delivered a final judgment regarding the Chomtoah Appeal, altering the requirement for TACC to remove an injunction order. Instead of a cash security deposit, a provisional attachment over 25 units in ‘The Gateway’ with a value of approximately USD 8.37 million is now required. This decision impacts the company’s asset management and legal strategy in Cambodia, potentially affecting shareholder confidence and market operations.
More about TA Corporation Ltd.
TA Corporation Ltd., incorporated in Singapore, operates within the construction and real estate development industry, focusing on mixed-use developments and other real estate projects.
Technical Sentiment Signal: Sell
Current Market Cap: S$37.82M
For a thorough assessment of PA3 stock, go to TipRanks’ Stock Analysis page.