Talks with potential investors preliminary, Stratech says in response to rumours
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE Stratech Group, which has been placed on the Singapore Exchange watch-list in June this year, said that it "has had preliminary discussions with certain parties" on its plan to monetise intellectual properties by, among other options, seeking investments in the group.
It provided this update on Monday in response to rumours of its negotiations with parties regarding potential investments in the group. Stratech's website describes the group as a technology-innovation group whose key breakthroughs include intelligent-vision systems.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts