Metech International Limited ( (SG:V3M) ) has shared an update.
Metech International Limited is undergoing significant changes, including the potential appointment of a new Chief Financial Officer, as it navigates challenges in its lab-grown diamond business due to global geopolitical tensions. The company is considering exiting this segment due to unsatisfactory performance. Concurrently, Metech is advancing its food waste business, with biomass carbon reduction systems in the final testing stages in Taiwan and plans to commence operations in Singapore by the second quarter of FY2025.
More about Metech International Limited
Metech International Limited, incorporated in Singapore, operates in the lab-grown diamond and food waste management industries. The company focuses on innovative solutions such as lab-grown diamonds and biomass carbon reduction systems, aiming to address market challenges and environmental concerns.
YTD Price Performance: 13.33%
Average Trading Volume: 52,392
Technical Sentiment Signal: Buy
Current Market Cap: S$6.38M
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