Ellipsiz Completes Disposal of Majority Stake in Axis-Tec

MT Newswires

2024/12/09

Ellipsiz (SGX:BIX) completed the disposal of a 51% stake in Axis-Tec to Yanmade Electronic, according to a filing with the Singapore Exchange on Friday.

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.

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