Uscom to sell entire business to Singapore’s AXO Medtech, pending shareholder nod
SYDNEY: Australian-listed medical technology company Uscom Limited said on Tuesday it has agreed to sell its entire business and assets to Singapore-based investment fund AXO Medtech VCC, a move aimed at rescuing the loss-making firm. The sale, which is subject to shareholder approval at a general meeting scheduled for Nov. 11, will see Uscom divest its…