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An announcement from Medtecs International Corporation Ltd. ( (SG:546) ) is now available.
Medtecs International has provided its latest monthly update on the winding-up of its subsidiary Resilient Medical, noting that the liquidator has been informed by the Court that there are no further comments on the filed papers and that the matter is now awaiting the Court’s next procedural step to fix a hearing date and issue a final dissolution order. The Board emphasized that, based on current information, the winding-up of Resilient Medical and the transfer of the entire issued share capital of RMKH SG to the Company via a dividend in specie are not expected to have a material impact on Medtecs’ net tangible assets per share or earnings per share for the financial year ending 31 December 2025, while reiterating that shareholders will continue to be updated on material developments and should exercise caution when trading the Company’s securities.
More about Medtecs International Corporation Ltd.
Medtecs International Corporation Limited, incorporated in Bermuda and listed on the SGX Catalist board, operates through a group structure focused on medical-related businesses. The Group’s activities include ownership and management of subsidiaries such as Resilient Medical and RMKH SG, reflecting its presence in healthcare and medical supply chains across regional markets.
Average Trading Volume: 1,312,098
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$64.48M
See more data about 546 stock on TipRanks’ Stock Analysis page.