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Prospera Global Expands into Financial Services with New Mauritius Subsidiary

Story Highlights
  • Prospera Global Limited has established a new subsidiary, PGL Capital Limited, in Mauritius.
  • The subsidiary will provide securities trading and investment services, aligning with the company’s expansion strategy.
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Prospera Global Expands into Financial Services with New Mauritius Subsidiary

An announcement from Sinjia Land Limited ( (SG:5HH) ) is now available.

Prospera Global Limited has announced the incorporation of a new wholly-owned subsidiary, PGL Capital Limited, in Mauritius. This subsidiary will engage in securities trading through electronic platforms, acting as an intermediary and providing investment advice. The move aligns with the company’s expansion into financial services, funded internally, and is not expected to impact the group’s financial metrics significantly in the 2025 fiscal year. The announcement does not affect any directors or major shareholders, except for their shareholdings in the company.

More about Sinjia Land Limited

Prospera Global Limited, formerly known as Sinjia Land Limited, is a company incorporated in Singapore. The company is expanding its operations into financial services, with a focus on securities trading and investment services. This strategic move indicates a diversification from its previous operations.

Average Trading Volume: 1,142,441

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$8.28M

For an in-depth examination of 5HH stock, go to TipRanks’ Stock Analysis page.

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