Ellipsiz Receives Remaining Consideration for Disposal of Axis-Tec

MT Newswires

2025/02/06

Ellipsiz (SGX:BIX) receveid the remaining balance of SG$146,880, amounting to 5% of the consideration for the disposal of its 51% stake in Axis-Tec, according to a filing with the Singapore Exchange Wednesday.

In an earlier filing, the company entered into a sale and purchase agreement for the disposal of its 51% stake in Axis-Tec for a total consideration of SG$2.0 million.

Shares of the company were down over 2% in recent trading.

Price (SGD): S$0.17, Change: S$-0.0040, Percent Change: -2.34%

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