Intraco Ltd. (SG:I06) has released an update.
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Intraco Limited has reported a significant reduction in its aggregate cost of investment in quoted securities, from $15 million to $8.4 million, without affecting its audited consolidated net tangible assets (NTA), which remain steady at $61.5 million. This move has also decreased the percentage of the company’s quoted securities over its NTA from 24.4% to 13.7%, indicating a shift in the company’s investment portfolio.
For further insights into SG:I06 stock, check out TipRanks’ Stock Analysis page.
