Singapore Institute of Advanced Medicine Holdings Ltd. (SG:9G2) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Singapore Institute of Advanced Medicine Holdings Ltd. has announced its plan to repay the interest on loans from its substantial shareholders by issuing a total of 2,492,362 new ordinary shares. The shares are to be allocated to lenders Espeetex Sdn. Bhd. and Crescendas Land Corporation Pte. Ltd. to settle accrued interest amounting to S$382,823.99, under the terms of their respective loan agreements.
For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.