InnoTek (SGX:M14) ) has been selected for the Elevate Grant under Singapore Exchange's SG$30 million Value Unlock Programme, according to a Monday filing to the Singapore bourse.
The precision metal components manufacturer plans to use the grant to further its investor outreach efforts in partnership with WeR1 Consultants.
The Elevate Grant provides 50% co-funding of approved professional advisory costs for eligible listed companies to strengthen their investor relations, corporate strategy and financial management capabilities.
The company's shares were up nearly 6% in recent trade.
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