Innovalues appoints Rippledot Capital Advisers to review strategic options

Published Thu, Apr 7, 2016 · 08:04 AM

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    INNOVALUES Limited, which specialises in the manufacturing of customised precision machine parts and components, said on Thursday it has appointed Rippledot Capital Advisers Pte Ltd to conduct a review of the strategic options available to the company.

    This is with a view to "enhancing and unlocking shareholder value", the company said, adding that it will make relevant disclosures, if any, at the right time.

    Shares of the company were trading at S$0.95 at 4.02pm on Thursday, up 6.74 per cent from S$0.90 at the market's opening.

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