The aggregate cash consideration was around S$5.9 million.
Venture Corporation Limited announced that its wholly-owned subsidiary Univac Precision Engineering Pte Ltd has disposed its entire equity interest of 42.7% in Acumen Engineering Pte Ltd for an aggregate cash consideration of S$5,867,208.72 to Ravago Distribution SA.
Consequent to the disposal, Acumen ceased to be an indirect associate of Venture.
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