Wire
Black Titan Plans Growth Initiatives; Shares Up
Black Titan (BTTC) said Tuesday that it plans to undertake a series of growth initiatives using its cash reserves.The company said it will continue to expand operations in Indonesia and strengthen its Singapore commercial hub by hiring more staff.Black Titan said it also plans to broaden its product portfolio with new offerings and invest in staff training and development programs, while maintaining sufficient working capital to fund these initiatives and preserving balance sheet flexibility.Shares of the company were up 3.4% in Tuesday's trading.Price: $1.06, Change: $+0.04, Percent Change: +3.41%
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