An undisclosed buyer agreed to acquire 70% stake in Life Science Incubator Pte Ltd from AcroMeta Group Limited.

AcroMeta Group Limited is a Singapore-based investment holding company engaged in engineering design and consultancy activities. The Company is specialized in providing engineering services in the field of controlled environments. The Company’s segments include Engineering, Procurement and Construction (EPC) segment, Maintenance segment and Renewable Energy segment. The EPC segment provides engineering, procurement and construction services, specializing in architectural, mechanical, electrical and process works within a controlled environment. The Maintenance segment provides maintenance and repair services for facilities and equipment of controlled environments and their supporting infrastructure. The Renewable Energy business segment includes the building, owning and operating of power plants involving the generation of electricity using sustainable sources. It serves mainly the healthcare, pharmaceutical, biomedical science, research and academia, and electronics sectors.