Duty Free International Limited (SG:5SO) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Duty Free International Limited has announced that its subsidiary, Kelana Megah Sdn. Bhd., has entered into a joint development agreement with Chin Hin Property (Stulang) Sdn. Bhd. to develop a significant parcel of land in Johor Bahru. The collaborative project aims to leverage the property investment expertise of both parties to realize the potential of the 17,342 square meter leasehold land. This strategic move marks a significant venture for the company into the property development sector.
For further insights into SG:5SO stock, check out TipRanks’ Stock Analysis page.