middle.news

Why Is Uscom Selling Its Entire Business to Singapore’s AXO Medtech?

10:12am on Tuesday 30th of September, 2025 AEST Healthcare
Read Story

Why Is Uscom Selling Its Entire Business to Singapore’s AXO Medtech?

10:12am on Tuesday 30th of September, 2025 AEST
Key Points
  • Sale of 100% subsidiary Uscom Sng Pte. Ltd to AXO Medtech VCC
  • Consideration of $2.591 million settled via loan transfers
  • Shareholder approval required in November 2025
  • Post-sale, Uscom retains minimal cash and no operating assets
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Uscom (ASX:UCM)
OPEN ARTICLE