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An announcement from Nera Telecommunications Ltd ( (SG:N01) ) is now available.
Nera Telecommunications Ltd announced the completion of a settlement by its subsidiary, Nera Malaysia, with Great One Coconut Products Industries regarding a lease agreement dispute. The settlement involved a payment of RM250,000, partially offset by a deposit, resulting in the withdrawal of the lawsuit. The resolution is not expected to impact the company’s operations or financial performance for the year ending December 2025.
More about Nera Telecommunications Ltd
Nera Telecommunications Ltd, incorporated in Singapore, operates in the telecommunications industry, focusing on providing network infrastructure and services. The company, along with its subsidiaries, serves various markets with a particular emphasis on telecommunications solutions.
YTD Price Performance: -17.00%
Average Trading Volume: 82,967
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$31.85M
For a thorough assessment of N01 stock, go to TipRanks’ Stock Analysis page.