Jacobson Pharma Corporation Limited has announced a supplemental disclosure regarding its equity investment in Tycoon Group Holdings Limited. As a cornerstone investor since Tycoon's listing in 2020, Jacobson Pharma is increasing its stake in the company, viewing it as a valuable long-term investment opportunity at an attractive valuation. The decision follows an assessment of Tycoon Group's financial performance, including an analysis of the adjusted net profit for the fiscal year ending December 31, 2024, which showed minimal decrease despite significant non-recurring items impacting the previous year. This strategic move underscores Jacobson Pharma's confidence in Tycoon Group's operational and financial trajectory.
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