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Thakral Corporation Ltd ( (SG:AWI) ) has provided an update.
Thakral Corporation Ltd has announced that GemLife, its associated company in the over-50s lifestyle resorts sector, is preparing for an initial public offering (IPO) on the Australian Securities Exchange. The IPO involves stapled securities and is being managed by J.P. Morgan Securities Australia Limited and Morgan Stanley Australia Securities Limited. The launch of the IPO is expected soon, and Thakral’s board is committed to keeping stakeholders informed while adhering to legal and regulatory requirements.
More about Thakral Corporation Ltd
Thakral Corporation Ltd, incorporated in Singapore, operates in the lifestyle resorts industry, focusing on over-50s lifestyle resorts in Australia through its associated company, GemLife, in which it holds a 31.7% effective interest.
Average Trading Volume: 135,147
Technical Sentiment Signal: Buy
Current Market Cap: S$193.1M
For detailed information about AWI stock, go to TipRanks’ Stock Analysis page.