tiprankstipranks
Trending News
More News >

Kingsmen Creatives Faces Legal Counterclaim with No Expected Financial Impact

Story Highlights

Kingsmen Creatives ( (SG:5MZ) ) has provided an announcement.

Kingsmen Creatives Ltd. announced that its subsidiary, Kingsmen Projects Sdn. Bhd., is involved in a legal counterclaim filed by AS Cleaning Equipment (M) Sdn. Bhd. The claim, related to a sum of RM99,000 for services rendered, is not expected to materially impact the company’s financials for the year ending December 2025. The company is seeking legal advice and will provide further updates as necessary.

More about Kingsmen Creatives

Kingsmen Creatives Ltd. operates in the creative services industry, focusing on providing design and production services for exhibitions, museums, and themed environments. The company, along with its subsidiaries, serves a diverse market with a concentration in Asia.

YTD Price Performance: 60.59%

Average Trading Volume: 4,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: $53.15M

Find detailed analytics on 5MZ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App