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Metech International Limited ( (SG:V3M) ) has shared an update.
Metech International Limited is in the process of appointing a new Chief Financial Officer, with due diligence currently underway. The company is facing challenges in its lab-grown diamond business due to geopolitical tensions and is reconsidering its viability. Meanwhile, Metech has entered a non-binding memorandum with MLF Ingredients to develop a food waste compression system, showing promising results in protein content analysis.
More about Metech International Limited
Metech International Limited, incorporated in Singapore, operates in the lab-grown diamond and food waste management industries. The company focuses on developing innovative solutions such as a food waste compression system to produce premium protein powder and black soldier fly biomass.
Average Trading Volume: 51,512
Technical Sentiment Signal: Buy
Current Market Cap: S$9.38M
Learn more about V3M stock on TipRanks’ Stock Analysis page.