Novo Tellus inks pact to invest in Catalist-listed Grand Venture Technology

Novo Tellus inks pact to invest in Catalist-listed Grand Venture Technology

Private equity firm Novo Tellus has signed a conditional placement agreement to invest S$23.6 million ($17.7 million) in Singapore’s Catalist-listed semiconductor supplier Grand Venture Technology (GVT), according to the stock exchange announcement.