HS Optimus Holdings Limited (SG:504) has released an update.
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HS Optimus Holdings Limited has updated stakeholders on its Q1 activities, detailing progress in property development ventures, including a delayed partnership in Melbourne for student accommodation and ongoing construction of shophouses in Brunei with expected high rental yields. Challenges in the Indonesian market persist, with efforts towards divestment continuing. The Group’s door business faces macro-economic and geo-political challenges, particularly in the UK, but remains focused on maintaining competitiveness through vigilant cost management and customer expansion.
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