The latest update is out from Basel Medical Group Ltd ( (BMGL) ).
Basel Medical Group Ltd announced the successful closing of its initial public offering on March 3, 2025, raising gross proceeds of US$8.82 million. The company’s shares began trading on the Nasdaq Capital Market under the ticker ‘BMGL’ on February 25, 2025. The funds from the offering are intended for potential mergers and acquisitions, business expansion, and daily operations. The IPO marks a significant step in Basel Medical’s strategy to capitalize on growth opportunities in the healthcare industry.
More about Basel Medical Group Ltd
Basel Medical Group Ltd is a Singapore-based provider specializing in orthopedic and trauma services, sports medicine and surgery, orthopedic procedures, and neurosurgical treatments. The company has established strong relationships with corporations in the construction, marine, and oil & gas industries over the past 20 years, positioning itself well for growth in the private healthcare sector in Singapore and Southeast Asia.
YTD Price Performance: -6.01%
Average Trading Volume: 873,871
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