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An announcement from Yongmao Holdings Limited ( (SG:BKX) ) is now available.
Yongmao Holdings Limited has provided a further update on legal proceedings arising from a tower crane accident in Hong Kong, stating that cases related to Labour Department summonses have been adjourned to 30 July 2026. The company is continuing to work with its legal advisers and has indicated it will issue additional updates when there are material developments, underscoring ongoing regulatory and legal overhang from the incident that remains a key point of attention for stakeholders.
The most recent analyst rating on (SG:BKX) stock is a Hold with a S$0.78 price target. To see the full list of analyst forecasts on Yongmao Holdings Limited stock, see the SG:BKX Stock Forecast page.
More about Yongmao Holdings Limited
Yongmao Holdings Limited is a Singapore-incorporated company operating through a group structure, primarily involved in the design, manufacture and supply of tower cranes and related lifting equipment used in construction and infrastructure projects across various markets.
Average Trading Volume: 2,625
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$29.73M
Learn more about BKX stock on TipRanks’ Stock Analysis page.