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Meta Health Limited Faces Settlement Breach Amid Capital Plans

Meta Health Limited Faces Settlement Breach Amid Capital Plans

Meta Health Limited (SG:5DX) has released an update.

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Meta Health Limited faces a breach of settlement agreement by former executives, as they fail to make a scheduled payment of S$337,000. Despite this setback, the company assures that it will not significantly impact its financial standing. Meanwhile, Meta Health is proceeding with a proposed non-underwritten rights issue to bolster its working capital.

For further insights into SG:5DX stock, check out TipRanks’ Stock Analysis page.

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