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Thakral Corporation Ltd ( (SG:AWI) ) just unveiled an update.
Thakral Corporation Ltd has announced that GemLife, in which it holds a 31.7% interest, is considering an initial public offering (IPO) on the Australian Securities Exchange. This move is aimed at unlocking value for stakeholders, although there is no certainty that the IPO will proceed or succeed. The company will continue to monitor developments and update stakeholders as necessary.
More about Thakral Corporation Ltd
Thakral Corporation Ltd, incorporated in Singapore, operates in the lifestyle and real estate sectors. The company, along with its subsidiaries, holds a significant interest in GemLife, an over-50s lifestyle resorts business in Australia.
Average Trading Volume: 118,701
Technical Sentiment Signal: Buy
Current Market Cap: S$203.3M
Learn more about AWI stock on TipRanks’ Stock Analysis page.