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The latest announcement is out from Zhongmin Baihui Retail Group Ltd. ( (SG:5SR) ).
Zhongmin Baihui Retail Group Ltd. has announced the incorporation of Shanxi Baihui Yueshang Commercial Management Co., Ltd. in partnership with Shanxi Xinjiarong Property Development Co., Ltd. The new entity will manage a large retail mall in Lishi District, Shanxi Province, expected to be completed in the first half of 2026. The investment will be funded through internal resources and bank borrowings, with no significant impact on the company’s financial metrics for the fiscal year ending June 2025.
More about Zhongmin Baihui Retail Group Ltd.
Zhongmin Baihui Retail Group Ltd. operates in the retail industry, focusing on the management and operation of retail malls. The company is primarily involved in the development and management of large retail spaces, catering to a wide market audience.
Average Trading Volume: 17,933
Technical Sentiment Signal: Sell
Current Market Cap: S$109.3M
See more insights into 5SR stock on TipRanks’ Stock Analysis page.