Nanofilm Technologies to Acquire Minority Stake in Sydorgen Energy; Shares Down Nearly 1%

MT Newswires

2025/07/07

Nanofilm Technologies (SGX:MZH) entered into a sale and purchase agreement with Venzio Investments to acquire a 35% stake in Sydrogen Energy, according to a Saturday filing with the Singapore Exchange.

Shares of the company were down nearly 1% in recent trading.

Total consideration for the acquisition is SG$15 million and will allow the company to achieve enhanced management control over Sydrogen's operations and strategic direction.

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