Mercurius Capital Completes Land Sale in Phuket Amid Legal Obligations

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2025.07.16 11:45
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Mercurius Capital Investment Limited has completed the sale of six plots of land in Phuket for THB 625 million to Octave Real Estate. This sale follows a civil judgment requiring repayment of a loan to CS Property, with proceeds expected to help settle outstanding debts and legal obligations. The company's current market cap is S$22.29M, and the technical sentiment signal indicates a strong sell for its stock (SG:5RF).