AsiaPhos Limited (SG:5WV) has released an update.
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AsiaPhos Limited has successfully resolved a legal claim related to inventory damaged in a Tianjin warehouse fire, receiving full payment of approximately S$19,831. This settlement, which will be recorded as other income for the fiscal year ending December 31, 2024, is not expected to significantly affect the company’s earnings or net tangible assets. Investors are urged to exercise caution and seek professional advice when trading AsiaPhos securities.
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