Amplefield Limited (SG:AOF) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Amplefield Limited has announced a new shareholders’ agreement with CMP Mechatronics Inc., gaining control over 59.99% of CAM Connectivity Phils Inc., a manufacturing entity operating in a Philippine Economic Zone. The agreement allows Amplefield to appoint the management team and make key decisions regarding CAM’s operations. Despite a reported loss for CAM Group in the last financial year, the deal signifies a strategic move to consolidate Amplefield’s influence over manufacturing activities in the Philippines.
For further insights into SG:AOF stock, check out TipRanks’ Stock Analysis page.