on German Startups Group Berlin GmbH & Co. KGaA (isin : DE000A1MMEV4)
SGT German Private Equity Evaluates New Opportunities
SGT German Private Equity GmbH & Co. KGaA ("SGF") has announced potential collaborations along with their 2023 Annual Report. Discussions are underway with AI experts for cooperation on an AI strategy consulting company. This venture aims to address rising demand for AI consultancy in various sectors.
SGF will leverage its experience as a venture capital investor to support German AI startups. The company is also evaluating the launch of a 'German AI Fund' to capitalize on Germany's high number of AI patents.
The 2023 Annual Report shows a slight reduction in equity per share from EUR 2.15 to EUR 1.77. This includes losses from the anticipated liquidation of SGTPTE, set to conclude by the end of 2024.
SGF is considering a reverse listing to enhance stock value. Current discussions involve two potential candidates. The management remains optimistic about SGF's economic prospects.
R. P.
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