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Metech International Limited ( (SG:V3M) ) has issued an update.
Metech International Limited has successfully completed a debt capitalisation agreement, issuing 13,454,545 new shares at a conversion price of S$0.022 per share, increasing its total issued shares to 201,010,200. This move effectively repays a capitalised loan of S$296,000, with the new shares expected to be listed on the Catalist board of the Singapore Exchange, enhancing the company’s financial position.
More about Metech International Limited
Average Trading Volume: 57,745
Technical Sentiment Signal: Sell
Current Market Cap: S$5.81M
For detailed information about V3M stock, go to TipRanks’ Stock Analysis page.