Singapore Institute of Advanced Medicine Holdings Ltd. (SG:9G2) has released an update.
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Singapore Institute of Advanced Medicine Holdings Ltd. has provided an update on the allocation of its IPO net proceeds, totaling approximately S$21.72 million. The company reports that S$17.646 million has been utilized, adhering to their outlined plans, including repaying bank borrowings and covering operational expenses. Investors are assured of regular updates on the remaining funds, which will also be detailed in future annual reports.
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