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The latest update is out from ASL Marine Holdings Ltd. ( (SG:A04) ).
ASL Marine Holdings Ltd. has secured new ship chartering contracts valued at S$82 million, which will support marine infrastructure projects in Singapore over the next two years. Additionally, the company has signed vessel sale contracts worth S$55 million as part of its strategy to optimize its fleet and accelerate deleveraging, potentially impacting its revenue performance positively.
More about ASL Marine Holdings Ltd.
ASL Marine Holdings Ltd. is a Singapore-based company operating in the marine industry. It provides ship chartering services and is involved in marine infrastructure projects, offering a range of vessels including tugs, work boats, crane barges, cargo barges, hopper barges, and grab dredgers.
Average Trading Volume: 5,152,871
Technical Sentiment Signal: Buy
Current Market Cap: S$216.1M
Find detailed analytics on A04 stock on TipRanks’ Stock Analysis page.