Following the divestment, ISDN retains a 30% equity stake in AR Robotics, with Trinity holding 40% and Soradynamics holding 30%.
ISDN Holdings’ (SGX:I07
) (ISDN) wholly-owned subsidiary, AR Robotics and Automation Pte Ltd (AR Robotics), has divested 486,500 ordinary shares to Trinity One LT Limited (Trinity) and Soradynamics, Co Ltd (Soradynamics).
ISDN says that the divestment brings together Trinity's financial backing and market development expertise, as well as Soradynamics' proprietary technology, to accelerate AR Robotics' commercial development in advanced robotics and AI solutions for international markets.
