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Medtecs International Corporation Ltd. ( (SG:546) ) has provided an update.
Medtecs International Corporation Limited has completed the legal transfer of RMKH SG, making it a wholly-owned subsidiary. This strategic move allows Medtecs to consolidate RMKH SG and RMKH Cambodia into its financial statements, although it is not expected to materially impact the Group’s financial position. The company aims to reduce debt owed by Resilient Medical and gain full control over RMKH SG and RMKH Cambodia, enhancing its strategic and operational capabilities.
More about Medtecs International Corporation Ltd.
Medtecs International Corporation Limited is a company incorporated in Bermuda, operating in the healthcare industry. It focuses on providing medical supplies and services, with a market focus that includes managing subsidiaries like RMKH SG and RMKH Cambodia.
Average Trading Volume: 2,337,794
Technical Sentiment Signal: Sell
Current Market Cap: S$71.58M
Learn more about 546 stock on TipRanks’ Stock Analysis page.