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Wee Hur Holdings Ltd. ( (SG:E3B) ) has shared an update.
Wee Hur Holdings has clarified media reports suggesting it has acquired, or is in the process of acquiring, a co-living development site in Wollstonecraft, Australia. The company stated that it has not entered into any legally binding agreement for the transaction and emphasized that there is no certainty any deal will materialise.
Management noted that any potential investment remains subject to ongoing evaluations, negotiations and the signing of definitive agreements. The company said it will update the market in line with Singapore Exchange rules and urged shareholders to exercise caution when dealing in its shares and to seek professional advice if uncertain.
More about Wee Hur Holdings Ltd.
Wee Hur Holdings Ltd., incorporated in Singapore, operates as an investment holding company with businesses that include property-related activities conducted through its subsidiaries. The group is listed on the Singapore Exchange and focuses on real estate development and investment opportunities in regional markets such as Australia.
Average Trading Volume: 4,127,648
Technical Sentiment Signal: Buy
Current Market Cap: S$666.5M
See more insights into E3B stock on TipRanks’ Stock Analysis page.