tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Metech International Advances CFO Appointment and Expands Food Waste and Diamond Operations

Story Highlights
  • Metech International has progressed a CFO appointment candidate and awaits sponsor assessment before formalising the role.
  • The company is reshaping its diamond and food waste businesses, retaining key assets and advancing new biomass products for global markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metech International Advances CFO Appointment and Expands Food Waste and Diamond Operations

Claim 70% Off TipRanks Premium

Metech International Limited ( (SG:V3M) ) has shared an announcement.

Metech International has completed due diligence and internal evaluation for a candidate to fill the Chief Financial Officer role and has submitted the necessary documents to its continuing sponsor, with a formal appointment announcement to follow if the hire is finalised. Operationally, the company is proceeding with the proposed disposal of its 80% stake in Asian Eco Technology Pte. Ltd. while retaining ownership of five chemical vapour deposition machines in its lab-grown diamond business, and is advancing its food waste business with successful testing and commissioning of biomass carbon reduction system machines for a pilot trial and ongoing commercial discussions, including pricing talks with MLF Ingredients for premium protein powder and black soldier fly biomass products targeting the South Korean and U.S. markets.

More about Metech International Limited

Metech International Limited is a Singapore-incorporated company whose business portfolio includes a lab-grown diamond segment and a food waste business. The group is involved in advanced materials through its diamond operations and in sustainability-focused solutions via biomass carbon reduction systems and related products aimed at regional and international markets such as South Korea and the United States.

Average Trading Volume: 43,071

Technical Sentiment Signal: Sell

Current Market Cap: S$6.83M

For detailed information about V3M stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1