CapAllianz Holdings Limited (SG:594) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CapAllianz Holdings Limited has expanded its reach in the tech industry by establishing a new wholly-owned subsidiary, Future AI Tech Pte. Ltd., specializing in software development and IT consultancy. Following this, the company has entered into a technical service agreement with Shenzhen Shoutou Industrial Co., Ltd. for artificial intelligence services. This strategic move is financed by internal resources and is not expected to impact the company’s financials significantly within the current fiscal year.
For further insights into SG:594 stock, check out TipRanks’ Stock Analysis page.