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An update from Fu Yu Corporation Limited ( (SG:F13) ) is now available.
Fu Yu Corporation Limited has provided updates on ongoing investigations into its subsidiary, Fu Yu Supply Chain Solutions Pte Ltd, concerning acquisition issues, resource misuse, and a prepaid commission payment. The company is conducting a Maxwellisation process to ensure informed decision-making based on the investigation’s findings. Additionally, the company has resolved a legal matter with Mr. Victor Lim regarding the convening of an Extraordinary General Meeting (EGM) for director changes, resulting in the withdrawal of a court application.
More about Fu Yu Corporation Limited
Fu Yu Corporation Limited is a company based in Singapore, operating in the supply chain solutions industry. Its primary services include managing supply chain operations and resources, with a focus on optimizing logistics and distribution for various enterprises.
Average Trading Volume: 337,708
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$72.39M
For a thorough assessment of F13 stock, go to TipRanks’ Stock Analysis page.