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Beverly JCG Ltd. ( (SG:9QX) ) has shared an update.
Beverly JCG Ltd. announced a proposed capitalization of outstanding salaries and directors’ fees into 81,117,845 new ordinary shares. This move involves converting debts owed to key executives, independent directors, and a doctor employed by its subsidiary into equity, potentially strengthening the company’s financial position and aligning the interests of its stakeholders with the company’s long-term growth.
More about Beverly JCG Ltd.
Beverly JCG Ltd. is a company incorporated in Singapore, operating with its subsidiaries as a group. The company is involved in the medical industry, with a focus on healthcare services, as indicated by its subsidiary, Beverly Wilshire Medical Centre Sdn Bhd.
Average Trading Volume: 1,343,264
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$7.57M
For a thorough assessment of 9QX stock, go to TipRanks’ Stock Analysis page.