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GKE Corporation Limited ( (SG:595) ) has issued an update.
GKE Corporation Limited has announced the incorporation of a new wholly-owned subsidiary, GKE Retails Pte. Ltd., to facilitate the distribution of mobile handsets and accessories. The business venture, funded through internal resources, is not expected to materially affect the company’s net tangible assets or earnings per share for the financial year ending May 2025. The company will keep shareholders informed of any significant developments, ensuring compliance with disclosure obligations.
More about GKE Corporation Limited
GKE Corporation Limited is a company incorporated in Singapore, operating in the logistics and distribution industry. The company, along with its subsidiaries, focuses on the distribution of mobile handsets and accessories on a wholesale and retail basis.
YTD Price Performance: 18.75%
Average Trading Volume: 1,737,364
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$73.31M
See more insights into 595 stock on TipRanks’ Stock Analysis page.