Aztech Group says it plans to venture into the property development, building construction and property management businesses, in line with the group’s long-term strategy of diversifying its business. The group believes “that the economic growth in the Asia-Pacific region has led to an increase in the demand for services in these new business areas and that the new business would have bright prospects...
Aztech Group
Mainboard-listed Aztech Group has signed a deal to buy a property worth S$10.5 million from shipyard Swissco Structural Mechanical. The property located at Pandan Road includes an existing office building, five warehouses and a waterfront. Aztech intends to use internal sources of funds and external borrowings to finance the purchase of the property. Aztech said in a statement that it bought the...