Catalist-listed Acrometa has appointed Levin Lee Keng Weng as its executive chairman and director of the board.
Acrometa’s CEO and executive director, Lim Say Chin welcomed the appointment, saying Lee’s “experience, business network and financial resources will be beneficial to Acrometa”.
This comes as the company looks to “capture growth opportunities in our controlled environments engineering business”.
“[Lee] has an enviable track record in helping companies strategise to be future-ready and bring about optimization of their market valuation,” adds Lim. Lee is also on the boards of Jubilee Industries and Nutryfarm International.
“Small and medium-sized enterprises (SMEs) in Singapore with good potential are often neglected by investors who do not understand their business. As a result, such small caps are often overlooked and thus hampered in their operations through a lack of financial resources and a good business strategy,” says Lee.
“The controlled environments engineering business is truly a future-ready business as the R&D and production processes of many industries in the future economy such as biotechnology, semi-conductors and renewable energy take place in controlled environments,” he adds.
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Shares in Acrometa closed 0.2 cent higher or 6.06% up at 3.5 cents on Feb 1.