Metech International Renames Subsidiary as Part of Proposed Business Diversification

MT Newswires08-22

Metech International (SGX:V3M) changed the name of its wholly owned subsidiary Metech Diamond Solutions to Opulwell Biotechnology, according to a filing with the Singapore Exchange on Thursday.

The principal activity of the subsidiary has also been changed to retail sales of health supplements. The move is part of the company's proposed diversification of business which will require shareholders' approval.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment