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Ellipsiz sells probe card business for S$88.3m

The sale will raise the company's cash hoard to over S$130m - above its market cap of S$111m

Mr Lum said the sale of SV Probe will "fuel Ellipsiz's growth and expansion into new businesses".


IN A move that will significantly boost its cash reserves, mainboard-listed probe card company Ellipsiz announced on Monday the sale of its probe card business to a Japanese buyer for some S$88.3 million.

The proposed sale of of SV Probe will increase the company's cash...

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