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Thakral Corporation Ltd ( (SG:AWI) ) has issued an announcement.
Thakral Corporation Ltd has announced the launch of an initial public offering (IPO) of stapled securities by GemLife Communities Group in Australia, aiming to raise up to AUD750 million. This IPO is expected to significantly enhance the financial position of Thakral Group upon successful listing on the Australian Securities Exchange, potentially impacting its market positioning and benefiting its stakeholders.
More about Thakral Corporation Ltd
Thakral Corporation Ltd, incorporated in Singapore, is a diversified company with a focus on lifestyle and investment sectors. It holds a significant interest in GemLife Communities Group, which specializes in over-50s lifestyle resorts in Australia.
Average Trading Volume: 140,443
Technical Sentiment Signal: Buy
Current Market Cap: S$188M
Learn more about AWI stock on TipRanks’ Stock Analysis page.