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AcroMeta Group Limited ( (SG:43F) ) just unveiled an announcement.
AcroMeta Group Limited has successfully completed the disposal of Acromec Engineers Pte Ltd and Life Science Incubator Holdings Pte. Ltd., generating proceeds of approximately S$5.6 million. These disposals were part of strategic efforts to secure additional funding and refinancing, as well as to resolve issues related to a debt covenant breach, thereby stabilizing the company’s financial position and aligning with its operational goals.
More about AcroMeta Group Limited
AcroMeta Group Limited is a company incorporated in Singapore, focusing on providing engineering services through its subsidiaries. It operates in industries related to engineering and life sciences, aiming to offer specialized solutions and services.
YTD Price Performance: 16.67%
Average Trading Volume: 291,130
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$11.89M
Find detailed analytics on 43F stock on TipRanks’ Stock Analysis page.