Yeo Hiap Seng Ltd (SG:Y03) has released an update.
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Yeo Hiap Seng Limited (YHS) has reported an increase in its aggregate cost of investment in quoted securities from S$25,049,000 on 2 October 2024 to S$29,443,000 the following day, reflecting a rise in investment percentage relative to the company’s net tangible assets from 4.53% to 5.33%. The total market value of these investments also saw an uptick from S$14,389,000 to S$18,880,000 with no provisions for diminution in value reported.
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