Yongnam Holdings Limited (SG:AXB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Yongnam Holdings Limited’s subsidiary, Yongnam Engineering & Construction, has been released from a sub-contract concerning a 20-storey elective care centre in Singapore through a novation agreement with Aztec Steel Pte. Ltd. This agreement transfers all responsibilities, including past and future liabilities related to the project, from Yongnam to the Replacement Sub-Contractor, Aztec Steel. The company will make further disclosures if there are significant developments regarding the compliance with the listing manual of the Singapore Exchange Securities Trading Limited.
For further insights into SG:AXB stock, check out TipRanks’ Stock Analysis page.
