tiprankstipranks
Trending News
More News >

Medtecs Nears Completion of Resilient Medical Liquidation

Story Highlights
Medtecs Nears Completion of Resilient Medical Liquidation

Don’t Miss TipRanks’ Half-Year Sale

Medtecs International Corporation Ltd. ( (SG:546) ) has issued an announcement.

Medtecs International Corporation Ltd. announced a significant update regarding the winding up of its subsidiary, Resilient Medical. The company has scheduled a creditors’ meeting to discuss the liquidation process, which is nearing completion with no remaining matters to address. The liquidation will conclude upon court approval, impacting the company’s financial statements as Resilient Medical has been deconsolidated since December 2024. However, Medtecs has consolidated RMKH SG and RMKH Cambodia into its financial statements, reflecting a strategic shift in its operations.

More about Medtecs International Corporation Ltd.

Average Trading Volume: 2,981,922

Technical Sentiment Signal: Sell

Current Market Cap: S$69.39M

See more insights into 546 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1