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Investigation announced for Investors in shares of TDCX Inc. (NYSE: TDCX) concerning possible Wrongdoing

03-21-2023 10:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in TDCX Inc. (NYSE: TDCX) shares over potential wrongdoing at TDCX Inc. was announced.

An investigation on behalf of investors in TDCX Inc. (NYSE: TDCX) shares over potential wrongdoing at TDCX Inc. was announced.

An investigation on behalf of current long-term investors in shares of TDCX Inc. (NYSE: TDCX) was announced over potential breaches of fiduciary duties by certain officers and directors at TDCX Inc.

Investors who purchased shares of TDCX Inc. (NYSE: TDCX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain TDCX Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

Singapore based TDCX Inc., together with its subsidiaries, provides outsource contact center services for technology and other blue-chip companies in Singapore, Malaysia, Thailand, the Philippines, Japan, China, Spain, India, Colombia, South Korea, and Romania. TDCX Inc. reported that its annual Total Revenue rose from 434.72 million SGD in 20202 to 555.19 million SGD in 2021 and that its Net Income increased from 86.09 million SGD in 2021 to 103.84 million SGD in 2021

On November 22, 2022, TDCX Inc. announced its unaudited financial results for the third quarter of 2022. Among other items, TDCX reported revenue of $120.5 million, missing consensus estimates by $2.37 million.

Those who purchased shares of TDCX Inc. (NYSE: TDCX) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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