Ann: Notice of initial substantial shareholder for SOV, page-3

  1. 1,926 Posts.
    lightbulb Created with Sketch. 514
    I think it is real-estate strategy. If you go to Singapore, you'll know what I mean.
    In a nutshell... They've run out of land!

    Johor which is a few hundred metres across a channel linked by a couple of bridges, AND where most of the fresh food and water in Malaysia comes from; is a giant city with plenty of land! So building a DC there in future or at least securing a parcel of industrial land there in the future with access to the island-city of Singapore would be strategic! Applications and servers that don't have Singapore Sovereignty Data/running/control requirements, can be put in that DC in Johor if needed.

    Anyways, above is a WILD guess! DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$14.29
Change
-0.030(0.21%)
Mkt cap ! $9.151B
Open High Low Value Volume
$14.30 $14.36 $14.12 $18.07M 1.266M

Buyers (Bids)

No. Vol. Price($)
1 2000 $14.28
 

Sellers (Offers)

Price($) Vol. No.
$14.32 1613 2
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
NXT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.