Yeo Hiap Seng Increases Quoted Securities Investment

MT Newswires

2024/10/16

Yeo Hiap Seng (SGX:Y03) reported a rise in its aggregate investment in quoted securities to SG$58.7 million on Oct. 15 from SG$49 million on Oct. 14, according to a Tuesday filing on the Singapore Exchange.

This increase raises the investment's share of the company's latest audited consolidated net tangible assets to 10.62% from 8.86% as of Dec. 31, 2023, the filing said.

The total market value of these investments also grew, climbing to SG$50.6 million from SG$42.2 million.

Price (SGD): S$0.57, Change: S$-0.0050, Percent Change: -0.88%

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