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 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.
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