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Cosmosteel Holdings Approves Property Disposal at EGM

Story Highlights
  • Cosmosteel Holdings specializes in piping systems for energy and marine industries.
  • Shareholders approved the disposal of a property, indicating strategic asset management.
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Cosmosteel Holdings Approves Property Disposal at EGM

An update from Cosmosteel Holdings Limited ( (SG:B9S) ) is now available.

Cosmosteel Holdings Limited announced the approval of an ordinary resolution at an Extraordinary General Meeting, held immediately after its Annual General Meeting, to dispose of a property located at 90 Second Lok Yang Road, Singapore. This decision was supported unanimously by shareholders and highlights the company’s strategic asset management, potentially influencing its operational dynamics and financial positioning.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited, incorporated in Singapore, operates within the steel industry and specializes in the supply of piping system components primarily for the energy, engineering, and marine industries.

YTD Price Performance: 28.00%

Average Trading Volume: 199,364

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$35.59M

For an in-depth examination of B9S stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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