- We have further reduced our FY25F/26F revenue and earnings projections for Aztech by ~50% each. With the lower earnings projections, our Aztech's target price is cut to S$0.38.
Sale of factory and land in Johor, Malaysia.
- - Read this at SGinvestors.io -
- The property has remained vacant since the Group consolidated its operations at the ~300,000 sq ft manufacturing facility in Pasir Gudang, Malaysia, which falls within the Johor-Singapore Special Economic Zone.
Net gain of S$4.2m.
- - Read this at SGinvestors.io -
Outlook remains bleak.
- Read more at SGinvestors.io.