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Medtecs International Corporation Ltd. ( (SG:546) ) has issued an announcement.
Medtecs International Corporation Limited, a company listed on the Singapore Exchange, is reporting that the Singapore Court has issued a winding up order against its subsidiary, Resilient Medical Pte. Ltd. Mr. Wong Pheng Cheong Martin of FTI Consulting has been appointed as the sole liquidator. The company plans to file a proof of debt with the liquidator, but no negotiations have occurred with principal bankers or trustees. The financial impact of this order on Medtecs’ net tangible assets and earnings per share is still being assessed.
More about Medtecs International Corporation Ltd.
YTD Price Performance: -2.14%
Average Trading Volume: 2,449,303
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$74.86M
For a thorough assessment of 546 stock, go to TipRanks’ Stock Analysis page.