Medtecs International Corporation Ltd. (SG:546) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Medtecs International Corporation Ltd. has increased its project financing for Resilient Medical to $20 million as part of their joint venture to expand personal protective equipment manufacturing in Cambodia. The financing terms include a 7% annual interest rate, with potential penalties for delayed repayments. This move signifies Medtecs’ commitment to bolstering its production capabilities and addressing growing demands in the PPE sector.
For further insights into SG:546 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue