Chemicals firm Megachem 5DS has received another $4.91 million in interim insurance payout after its warehouse caught fire last July.
Coupled with the earlier payouts, it has received a total of $7.91 million to date.
According to Megachem, its insurer has yet to complete its assessment.
The company says the insurance proceeds is expected to have a positive contribution to its financial year ending December.
"The commencement of the rebuilding of warehouse is pending regulatory clearance. The company will provide updates on any material developments in this aspect in due course," it adds.
Megachem shares last traded at 49 cents, up 36.11% year to date.
