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Asia Vets Holdings Ltd. ( (SG:5RE) ) just unveiled an update.
Asia Vets Holdings Ltd. announced a significant increase in directors’ fees for FY2024, rising from S$135,000 to S$240,300. This increase is attributed to the additional time, effort, and responsibility undertaken by the directors during the proposed acquisition of AlDigi Holdings Pte. Ltd., which did not proceed due to circumstances beyond their control. The decision to increase fees reflects the complexity and demands of the acquisition process, despite the company’s higher losses and the failed acquisition.
More about Asia Vets Holdings Ltd.
Asia Vets Holdings Ltd., incorporated in Singapore, operates in the veterinary industry, providing a range of services and products related to animal healthcare. The company focuses on expanding its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 18,066
Technical Sentiment Signal: Hold
Current Market Cap: S$7.31M
For detailed information about 5RE stock, go to TipRanks’ Stock Analysis page.