Stratech completes revamp, eyes overseas growth

Singapore

THE Stratech Group, the new listing entity that has emerged following the recently completed restructuring of Stratech Systems, is eyeing overseas markets to drive growth.

Under the restructuring by way of a scheme of arrangement first announced in October last year, Stratech Systems is now an indirect wholly owned subsidiary of The Stratech Group. One aim of the revamp was to streamline the group for global expansion. Where mergers and acquisitions are concerned, it allows greater flexibility for acquisitions and for strategic equity partners to tie up with the group's subsidiaries, executive chairman David Chew said.