Singapore and Hong Kong 10/22/10—Techcomp has announced the sale of its 50% stake in Bibby Scientific (Hong Kong), a joint venture with Bibby Scientific (see IBO 6/30/08), for laboratory supplies, for $980,000 in cash. “While there is a lot of potential to be derived from the Bibby Scientific JV, we believe that by reallocating our available resources and efforts to grow our European operations, we will be able to achieve higher returns,” said Techcomp President and CEO Richard Lo.