tiprankstipranks
Trek 2000 Announces Significant Securities Sale
Company Announcements

Trek 2000 Announces Significant Securities Sale

Trek 2000 International Ltd (SG:5AB) has released an update.

Don't Miss our Black Friday Offers:

Trek 2000 International Ltd has announced the sale of quoted securities amounting to US$ 10,815,345 between January and April 2024, which represents 36.9% of its net tangible assets. The sale reduced the Group’s aggregate cost of quoted investments from 68.5% to 31.6% of its net tangible assets, with the total market value of investments dropping from US$ 17,063,000 to US$ 5,685,000.

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

Related Articles
TipRanks Singapore Auto-Generated NewsdeskTrek 2000 Sells Securities, Minor Asset Impact
TipRanks Singapore Auto-Generated NewsdeskTrek 2000 Intensifies R&D Amid Watchlist Efforts
TipRanks Singapore Auto-Generated NewsdeskTrek 2000 Reports Progress Amid Watch-List Status
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