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GRP Limited’s Strategic Moves to Exit SGX Watch-list

Story Highlights
  • GRP Limited is on the SGX-ST Watch-list for not meeting financial criteria.
  • The company is exploring options like acquiring a stake in Bintan Investment to exit the Watch-list.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GRP Limited’s Strategic Moves to Exit SGX Watch-list

GRP Ltd. ( (SG:BLU) ) has shared an announcement.

GRP Limited, a company incorporated in Singapore, is currently on the SGX-ST Watch-list due to not meeting certain financial criteria. The company is actively working to meet the exit criteria by exploring various options, including a proposed acquisition of a minority stake in Bintan Investment Management Pte Ltd, and will provide updates to shareholders as material developments occur.

More about GRP Ltd.

YTD Price Performance: 14.29%

Average Trading Volume: 8,393

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$14.42M

For a thorough assessment of BLU stock, go to TipRanks’ Stock Analysis page.

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