Avi-Tech Pulls Plug on SG$19 Million Investment in Create Technologies

MT Newswires

04/24

Avi-Tech (SGX:1R6) has decided to pull the plug on its proposed SG$18.9 million investment in Create Technologies, according to a Thursday filing with the Singapore Exchange.

Shares of the engineering manufacturing services company were down over 2% in Friday trading.

The decision to terminate the deal was taken following additional review and assessment of the business, the filing said.

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