Spindex Industries Limited (SG:564) has released an update.
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Spindex Industries Limited has announced its decision to acquire Techpro Precision Engineering Pte. Ltd. for up to S$3.7 million. This strategic acquisition aims to diversify Spindex’s industry portfolio and enhance its capabilities in manufacturing metal precision components, signaling a promising expansion for the company. The purchase was made after thorough negotiations, reflecting Spindex’s commitment to growth and innovation.
For further insights into SG:564 stock, check out TipRanks’ Stock Analysis page.