
Sapphire Corporation Updates on Strategic Fund Allocation

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Sapphire Corporation Limited has announced the allocation of 35.7% of the net proceeds from a completed transaction from the Tranche 2 Escrowed Sum. The funds will be used for urbanization, infrastructure, environmental conservation, and general corporate purposes. This strategic allocation aims to enhance the company's operational capabilities and market positioning, benefiting stakeholders through improved project execution and business expansion. Sapphire Corporation operates in sectors related to water conservation, transit-oriented development, and integrated building estate management.
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