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Medtecs International Corporation Ltd. ( (SG:546) ) has provided an announcement.
Medtecs International Corporation Ltd. has announced that there have been no further material developments impacting its financial position since its last update regarding the winding up of its subsidiary, Resilient Medical Pte. Ltd. The company is in the process of filing a proof of debt with the Liquidator and is assessing the potential financial impact of the Court Order on its net tangible assets and earnings per share. Shareholders and potential investors are advised to exercise caution and await further announcements for any material developments.
More about Medtecs International Corporation Ltd.
Medtecs International Corporation Ltd. is a company incorporated in Bermuda, operating in the healthcare industry. The company, along with its subsidiaries, focuses on providing medical products and services, with a market focus that includes the winding up of its subsidiary, Resilient Medical Pte. Ltd.
YTD Price Performance: -4.29%
Average Trading Volume: 2,788,672
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$73.22M
Learn more about 546 stock on TipRanks’ Stock Analysis page.