On Feb 8, the company announced that it had entered into an agreement with STRATASYS, which already holds 40% of AFS shares, for the sale of the remaining 60% shares in AFS
The sale has been completed and AFS has ceased to be a subsidiary of SIAEC.
As of Feb 8, SIAEC has 23 subsidiaries and joint ventures with original equipment manufacturers and strategic partners in Singapore, Hong Kong, Indonesia, Japan, Malaysia, Philippines, the US and Vietnam.
Shares in SIAEC closed unchanged at $2.29 on Feb 8.