--- title: "AcroMeta enters $1.4m binding deal to sell engineering subsidiary" type: "News" locale: "en" url: "https://longbridge.com/en/news/275087613.md" description: "AcroMeta Group Limited has signed a binding term sheet to sell its subsidiary, Acro Harvest Engineering Pte. Ltd., for $1.4 million. The sale is contingent upon the subsidiary achieving a minimum adjusted net asset value of $1 million, including at least $300,000 in cash, and requires shareholder approval and the execution of definitive agreements." datetime: "2026-02-06T07:19:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275087613.md) - [en](https://longbridge.com/en/news/275087613.md) - [zh-HK](https://longbridge.com/zh-HK/news/275087613.md) --- # AcroMeta enters $1.4m binding deal to sell engineering subsidiary **The sale is subject to a minimum adjusted net asset value and shareholder approval.** AcroMeta Group Limited has entered into a binding term sheet with an independent third-party buyer for the proposed sale of 100% of the issued share capital of its wholly owned subsidiary, Acro Harvest Engineering Pte. Ltd. (ACH), for an indicative cash consideration of $1.4m. Completion is conditional on Acro Harvest Engineering meeting a minimum adjusted net asset value of $1.0m, including cash and cash equivalents of at least $300,000, as well as the execution of definitive agreements and shareholders’ approval, according to a filing. ### Related Stocks - [43F.SG](https://longbridge.com/en/quote/43F.SG.md) ## Related News & Research - [Evolve Enhanced Yield Bond Fund USD ETF declares $0.19 dividend](https://longbridge.com/en/news/290205282.md) - [Engineer Gold Closes First Tranche of Private Placement](https://longbridge.com/en/news/290252022.md) - [Congruence Capital LLC Buys Shares of 208,102 Mayville Engineering Company, Inc. $MEC](https://longbridge.com/en/news/289685431.md) - [ZAWYA: Checkout.com selected by Microsoft for digital payment performance](https://longbridge.com/en/news/290167036.md) - [Enhanced closes initial tranche of $50 million PIPE financing led by Apeiron Investment Group](https://longbridge.com/en/news/290185816.md)