AcroMeta Group (SGX:43F) has agreed to extend the deadline for signing a definitive agreement for a proposed investment in Macro-ATCLS to Oct. 30 from its earlier long-stop date of Sept. 30, according to a Tuesday filing to the Singapore stock exchange.

Earlier in the month, Acrometa signed a non-binding indicative term sheet with Macro HRD SG for a proposed investment in Macro-ATCLS, which will be set up to commercialize an ambient temperature cellular logistics project.

Under the pact, the company will secure an exclusive license to ATCLS' technology across Southeast Asia.