tiprankstipranks
MegaChem Sees Financial Boost From Fire Payout
Company Announcements

MegaChem Sees Financial Boost From Fire Payout

MegaChem Ltd. (SG:5DS) has released an update.

Stay Ahead of the Market:

MegaChem Limited has received a further insurance payout of S$4,379,603.77 for the warehouse fire incident, bringing the total compensation to S$12,289,603.77 to date. The company expects these funds to positively impact its financial results for the year ending December 31, 2024, and promises to keep shareholders informed on any substantial developments.

For further insights into SG:5DS stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles