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Medi Lifestyle Announces Debt Conversion Approval for SGX Listing

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Medi Lifestyle Announces Debt Conversion Approval for SGX Listing

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Medi Lifestyle Limited ( (SG:Z4D) ) has issued an announcement.

Medi Lifestyle Limited has announced the receipt of a listing and quotation notice from the SGX-ST for the proposed conversion of outstanding debt into new ordinary shares. This conversion, involving 213,965,134 shares at S$0.015 each, is subject to shareholder approval and compliance with SGX-ST listing requirements. The announcement marks a significant step in the company’s financial restructuring, potentially impacting its market positioning and stakeholder interests.

More about Medi Lifestyle Limited

Medi Lifestyle Limited, incorporated in Singapore, operates in the healthcare industry, focusing on providing lifestyle and wellness services. The company, along with its subsidiaries, aims to enhance health and well-being through its diverse offerings.

Average Trading Volume: 3,013,369

Technical Sentiment Signal: Sell

Current Market Cap: S$1.31M

For an in-depth examination of Z4D stock, go to TipRanks’ Overview page.

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