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AcroMeta's Unit to Collaborate with SIMM on AI-Powered Procurement Platform; Shares Up 5%

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AcroMeta's (SGX:43F) subsidiary, Acrometa Lifestyle, signed a memorandum of agreement with the Singapore Institute of Materials Management (SIMM) to introduce its ProcureRadar AI into training programs.

Shares of the engineering services company were up over 5% in Thursday trading.

Under the agreement, SIMM participants will have access to ProcureRadar AI, with a view to use the platform for AI-enabled workflows and market trend analysis across ASEAN markets, according to a Thursday filing with the Singapore Exchange.

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