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The latest update is out from Yongmao Holdings Limited ( (SG:BKX) ).
Yongmao Holdings Limited has received a legal claim related to a tower crane accident in Hong Kong, involving the death of a worker. The claim, brought by the deceased worker’s mother, alleges negligence and breach of safety obligations by Yongmao and other parties. The company is currently consulting with legal counsel to evaluate the claim and will update stakeholders on any significant developments.
More about Yongmao Holdings Limited
Yongmao Holdings Limited is a company incorporated in the Republic of Singapore, primarily involved in the manufacturing and distribution of tower cranes. The company operates in the construction industry, focusing on providing equipment essential for building and infrastructure projects.
YTD Price Performance: 0.89%
Average Trading Volume: 8,955
Technical Sentiment Signal: Buy
Current Market Cap: S$50.14M
For a thorough assessment of BKX stock, go to TipRanks’ Stock Analysis page.