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Jubilee Industries Proposes Sale of Plastic Business Assets

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Jubilee Industries Proposes Sale of Plastic Business Assets

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Jubilee Industries Holdings Ltd. ( (SG:NHD) ) has issued an update.

Jubilee Industries Holdings Ltd. has announced the proposed sale of selected business assets of its subsidiary’s plastic injection moulding business to MClean Technologies Berhad. The Company clarified voting abstentions related to the disposal, including those by Accrelist and Terence Tea, advising shareholders and investors to exercise caution while keeping them informed about further updates.

More about Jubilee Industries Holdings Ltd.

Jubilee Industries Holdings Ltd. is a Singapore-incorporated company involved in the plastic injection moulding sector through its wholly-owned subsidiary, WE Total Engineering Sdn. Bhd. The company focuses on providing engineering solutions and services.

YTD Price Performance: -10.71%

Average Trading Volume: 1,205,068

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$7.86M

See more data about NHD stock on TipRanks’ Stock Analysis page.

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