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