METech International

Metech enters $3 mil interest-free loan agreement - THE EDGE SINGAPORE

Company in the news

Metech enters $3 mil interest-free loan agreement

The group says the loan is set to be utilised by Metech for business diversification related purposes and general corporate and working capital purposes.
Metech appoints former Keppel Land president Ng Ooi Hooi as independent director  - THE EDGE SINGAPORE

New appointments

Metech appoints former Keppel Land president Ng Ooi Hooi as independent director

Ng will also be appointed as the Chairman of the renumeration committee and a member of the audit committee.
Novus Corporate Finance will no longer sponsor Metech after Sept 5 - THE EDGE SINGAPORE

Company in the news

Novus Corporate Finance will no longer sponsor Metech after Sept 5

Metech says it will begin the process of looking for a new continuing sponsor.

Company in the news

Metech and Deng Yiming withdraw legal charges; both to work together to expand diamond business

Metech and Deng were in a legal battle over the company’s diamond seeds, loose diamonds and inflated machinery price.

Company in the news

Metech says damages payable by Deng Yiming amount to $0.5 mil for missing diamond seeds and loose diamonds

Deng is one of the directors of Metech's JV with X Diamond Capital, Asian Eco Technology. He was appointed by X Diamond Capital.

Deals, joint ventures & alliances

Metech terminates JV for lab-grown diamonds citing incurable breach of JVA

Under the JVA, Metech will be entitled to acquire all of the shares in the JVCo at 80% of its NTA per share.

Deals, joint ventures & alliances

Metech International terminates JV with Jurong BD

The JV agreement was entered into on April 2021.

Company in the news

Metech JV partner disposes shares in JVCo for $4 mil as an interested person transaction

The sale shares represent 20% of the total paid-up and issued share capital of the JVCo.

SGX query

SGX RegCo issues trade with caution on Metech International after 51% share price surge

Singapore Exchange Regulation (SGX RegCo) has issued a trade with caution alert on Metech International.
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