Eindec Establishes Subsidiaries in Singapore, Malaysia; Shares Slide 4%

MT Newswires

01/15

Eindec (SGX:42Z) incorporated subsidiaries in Singapore and Malaysia, named Eintech Digital Technology and Eindec Smart Engineering, according to a Wednesday filing with the Singapore Exchange.

Shares of the manufacturer and distributor of clean air environmental technology solutions were down over 4% in Thursday trading.

The new subsidiaries will focus on the provision of digital and technology solutions, data analytics, processing and hosting, and development of digital and AI-backed systems for operational efficiency and system monitoring.

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