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Metech International Limited ( (SG:V3M) ) just unveiled an announcement.
Metech International Limited is actively exploring the appointment of a new Chief Financial Officer and is in discussions to transform its lab-grown diamond business for emerging high-tech applications. The company is engaging with enterprises and research institutions in China to develop new market opportunities, while adjusting its business model due to challenging economic conditions in the PRC. Additionally, Metech has entered a joint venture through its subsidiary to create sustainable business streams and enhance shareholder value, with plans to incorporate the joint venture company by the end of the first quarter of FY2025.
More about Metech International Limited
Metech International Limited, incorporated in Singapore, operates in the lab-grown diamond industry. The company focuses on transforming its diamond business for high-tech applications and expanding its market share in the PRC despite challenging economic conditions.
YTD Price Performance: -20.0%
Average Trading Volume: 102,978
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$4.07M
Find detailed analytics on V3M stock on TipRanks’ Stock Analysis page.