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Octopus (APAC) Warns of SG$5 Million Revenue Hit After Corona, Budweiser Distribution Deal Termination

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Octopus (APAC) (SGX:43A) said the termination of its distribution deals for the Corona and Budweiser brands is expected to reduce group revenue by about SG$4.9 million for the financial year ending March 2027.

The estimated impact covers the period from Sept. 15, 2026, to March 31, 2027, and is based on average historical sales of the brands from January to August 2026.

The company said the reduction is related to revenue and does not represent an equivalent reduction in profit, as related costs will also no longer be incurred.

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Asia

GenFleet Presents Updated Lung Cancer Therapy Data at Korean Medical Conference

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HKG:2595
Asia

White Cliff Minerals Says Gina Rinehart's Hancock Prospecting to Take 13.5% Stake With Nearly AU$9 Million Investment

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ASX:WCN
Asia

Wafangdian Bearing Seeks Delisting As Public Float Falls Below 10%

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SHE:200706