Cadmus stake CET Technologies, a subsidiary of Singapore-listed company Singapore Technologies Engineering is to acquire a 9.9 per cent stake in payment solutions provider Cadmus Technology.
The subscription agreement will see CET acquire 16 million new Cadmus shares, for a total of $1.2 million. The agreement is subject to shareholders' approval, which will be sought at the AGM scheduled for early October.
CET gains in Cadmus
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