AcroMeta Group Limited (SG:43F) has released an update.
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AcroMeta Group Limited is actively addressing its financial strategy by completing the sale of Acromec Engineers Pte Ltd and securing shareholder approval for the sale of its subsidiary, Life Science Incubator Holdings Pte. Ltd., to raise a total of approximately S$4.2 million. These strategic moves aim to enhance the company’s cash flow and resolve debt covenant breaches, reflecting its commitment to stabilizing its financial health.
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