Advanced Holdings Ltd. Expands Corn Processing Operations in Indonesia
Advanced Holdings Ltd. has announced a loan agreement with Agrimark Pte. Ltd. to develop a corn starch and wheat milling facility in Surabaya, Indonesia. This marks Stage 2 of their joint venture, enhancing processing capabilities and market position in the Indonesian agricultural sector. The latest analyst rating for SG:BLZ stock is Hold with a S$0.14 price target.
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Advanced Holdings Ltd. ( (SG:BLZ) ) just unveiled an announcement.
Advanced Holdings Ltd. has entered into a loan agreement with Agrimark Pte. Ltd. to support the development of a corn starch and wheat milling facility in Surabaya, Indonesia. This move marks the commencement of Stage 2 of their joint venture, aiming to enhance their processing capabilities and strengthen their market position in the Indonesian agricultural sector.
The most recent analyst rating on (SG:BLZ) stock is a Hold with a S$0.14 price target. To see the full list of analyst forecasts on Advanced Holdings Ltd. stock, see the SG:BLZ Stock Forecast page.
More about Advanced Holdings Ltd.
Advanced Holdings Ltd., incorporated in Singapore, operates in the agricultural industry with a focus on corn cultivation, accumulation, trading, and processing in Indonesia. The company has established a joint venture to expand its operations in the region, emphasizing corn plantation management and processing.
Average Trading Volume: 38,375
Technical Sentiment Signal: Buy
Current Market Cap: S$13.98M
For an in-depth examination of BLZ stock, go to TipRanks’ Overview page.
