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SGX:43F

6 stories mentioning SGX:43FUpdated 11d ago

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Asia

Acrometa Signs Term Sheet for Proposed Investment; Shares Up 7%

Acrometa (SGX:43F) signed a non-binding indicative term sheet with Macro HRD SG for a proposed investment in Macro-ATCLS, according to a Friday filing with the Singapore Exchange.Macro-ATCLS will be set up to commercialize an ambient temperature cellular logistics project, with the company securing exclusive licensing to ATCLS' technology across Southeast Asia.The term sheet is non-binding, with a definitive agreement slated for no later than Sept. 30.Shares of the controlled-environment engineering services provider were up nearly 7% in Monday trading.

SGX:43F
Asia

AcroMeta to Raise up to SG$4.4 Million Via Rights Issue

AcroMeta's (SGX:43F) is proposing a renounceable non-underwritten rights issue with free warrants to strengthen its capital base and power new business initiatives, according to a Thursday filing with the Singapore Exchange.The engineering company has offered up to 276.2 million rights shares at SG$0.016 per share, with each warrant carrying the right to subscribe for one new share in the company at SG$0.032 per warrant share, on the basis of two rights shares for every three existing share in the company.

SGX:43F
Asia

AcroMeta Group Launches AI Trading Platform in China

AcroMeta Group (SGX:43F) launched an AI trading platform in China, dubbed ZhiMao, through a strategic alignment between its subsidiary, AcroMeta Lifestyle, and Shenzhen Shenwel Zhimao Technology, according to a Thursday filing with the Singapore Exchange.Under the agreement, Shenzhen Shenwel will be an exclusive operating entity for ZhiMao and ProcureRadar AI and will handle client acquisition, business development and regional partnerships.Back in April, a joint venture was formalized between the two parties, followed by an initial trial phase across China and Malaysia, with 182 customers onboarded.

Shanghai CompositeSGX:43F
Asia

AcroMeta's Subscription Deal Collapses as Investor Fails Payment; Shares Up 6%

AcroMeta's (SGX:43F) deal to raise SG$1 million through the subscription of 16.7 million shares with a subscriber named Elisabet, collapsed after the investor failed to make the payment by the deadline, according to a Tuesday bourse filing.Shares of the engineering services company were up nearly 6% in Wednesday trading.The subscriber was expected to remit the amount by May 31. The company is now seeking legal advice over the matter following the breach of the agreement.

SGX:43F
Asia

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

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.

SGX:43F
Asia

Acrometa Group Narrows Attributable Loss in Fiscal H1

Acrometa (SGX:43F) narrowed its attributable loss to owners by 5% during the fiscal first half ended March 31, according to a Monday filing with the Singapore Exchange.However, attributable loss remained largely unchanged at SG$1.7 million from a year earlier.Loss per share came in at SG$0.0042 compared with SG$0.0051 in the year-ago period.The engineering services company's revenue declined 13% year over year to SG$1.9 million from SG$2.2 million.

SGX:43F

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