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Tuas Limited Initiates Trading Halt Amid Acquisition Plans

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Tuas Limited Initiates Trading Halt Amid Acquisition Plans

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Tuas Ltd. ( (AU:TUA) ) has shared an update.

Tuas Limited, a company listed on the Australian Securities Exchange (ASX), has requested a trading halt on its securities pending an important announcement. The company is set to acquire shares of M1 Limited in Singapore and is conducting a capital raising to support this acquisition. The trading halt will remain in effect until the announcement is made or normal trading resumes on 13 August 2025. This move is significant for Tuas Limited as it expands its market presence in Singapore, potentially impacting its operations and stakeholders.

The most recent analyst rating on (AU:TUA) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Tuas Ltd. stock, see the AU:TUA Stock Forecast page.

More about Tuas Ltd.

Average Trading Volume: 436,959

Technical Sentiment Signal: Buy

Current Market Cap: A$2.58B

For an in-depth examination of TUA stock, go to TipRanks’ Overview page.

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