Cash is King – everyone is undoubtedly familiar with this saying. But did you know it rings true for corporations? Especially in today’s volatile economic climate, having a strong cash position is of paramount importance. In this piece, we spotlight five companies that boast strong cash balances: Sheng Siong Group Ltd (SGX: OV8), Wee Hur Holdings Ltd (SGX: E3B), Propnex Ltd (SGX: OYY), Raffles Medical Group Ltd (SGX: BSL), and Riverstone Holdings Ltd (SGX: AP4).What Defines a “Cash-Rich, Rock-Solid” Company ...