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Metech International Limited ( (SG:V3M) ) has issued an update.
Metech International Limited is in the process of appointing a new Chief Financial Officer, conducting due diligence on a potential candidate. The company is facing challenges in its lab-grown diamond business due to geopolitical tensions and is reassessing its viability. Meanwhile, Metech is advancing its food waste business, with biomass carbon reduction systems being shipped to Singapore and plans to commence operations in the third 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 is focused on innovative solutions in these sectors, aiming to address market challenges and sustainability.
Average Trading Volume: 23,235
Technical Sentiment Signal: Sell
Current Market Cap: S$4.31M
See more insights into V3M stock on TipRanks’ Stock Analysis page.