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Clearbridge Health Ltd. ( (SG:1H3) ) just unveiled an update.
Clearbridge Health Limited has announced an adjustment to the conversion price of its convertible bonds, following a proposed placement of 309,500,000 new ordinary shares. This adjustment reduces the conversion price from S$0.06 to S$0.0031 per share, reflecting the company’s strategic financial maneuvering to enhance its capital structure, potentially impacting shareholder value and market positioning.
More about Clearbridge Health Ltd.
Clearbridge Health Limited is a healthcare company based in Singapore, specializing in the provision of integrated healthcare solutions. The company focuses on delivering innovative healthcare services and medical technology products across Asia.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.29M
For a thorough assessment of 1H3 stock, go to TipRanks’ Stock Analysis page.