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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.