Sabien Technology initiates review of business
StockMarketWire.com - Energy-saving technology business Sabien Technology said it had initiated a review of its business a possible options for broadening its strategic focus.
'That review is ongoing and no formal decisions have been taken at this time,' the company said, while acknowledging a recent rise in its share price.
Although the company expected to build on its existing foundations of green technology, it may look to acquire complementary technologies, Sabien said.
'The board is also examining broadening the company's reach in the green sector, and in particular the health and medical rehabilitation destination sectors which might complement and support the development of disruptive green energy-focussed technologies.'
At 3:01pm: (LON:SNT) Sabien Technology Group PLC share price was -0.05p at 0.23p
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