RE&S Holdings Completes Strategic Securities Divestment

RE&S Holdings Ltd. (SG:1G1) has released an update.

RE&S Holdings Ltd has fully divested its investment in quoted securities, with the sale supporting the management’s strategy to focus on the company’s core business expansion. This significant financial move, involving assets reported at S$5,540,000 as of the end of December 2023, aims to realize profits and bolster the company’s funds. The recent disposal marks a strategic shift in asset management for the Singapore-based company.

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