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Wilton Resources Corporation Limited ( (SG:5F7) ) has issued an announcement.
Wilton Resources Corporation Limited has announced a further extension to its Second Sale and Re-Purchase Agreement with Mr. Chong Thim Pheng. This involves the sale of 300 million shares of its subsidiary PT Wilton Makmur Indonesia Tbk, contingent upon the production of 15 kg of gold with at least 90% purity. The extension indicates ongoing negotiations and adjustments in the company’s strategic asset management, which may have implications for its operational focus and investor relations.
More about Wilton Resources Corporation Limited
Wilton Resources Corporation Limited is a company operating with its subsidiaries in the resource sector, primarily focusing on mining activities. The company is engaged in the extraction and production of gold through its subsidiary, PT Wilton Makmur Indonesia Tbk, reflecting its market focus on precious metals.
Average Trading Volume: 1,000,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$13.12M
For an in-depth examination of 5F7 stock, go to TipRanks’ Stock Analysis page.
