Under the agreement, LSI will operate, manage, promote and market the co-working lab located at Elementum, One-North. LSI will also provide management and consultancy services for the business.
AcroMeta’s 70%-owned subsidiary, Life Science Incubator (LSI), has signed a management agreement with Ho Bee Land (SGX:H13
) ’s subsidiary, HB Universal, to operate a co-working laboratory centre.
The agreement is for an initial period of six years with an option to renew for another six years by mutual agreement. It also comes on the heels of LSI’s recent expansion of its co-working lab space business.
