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 the issuance of 2,492,362 new shares to repay interest accrued on loans from its substantial shareholders, Espeetex and Crescendas. This move increases the company’s total share count to 1,048,099,074 and the new shares will be treated on par with existing shares, barring entitlement to certain dividends or rights issues. These repayment shares are slated to be listed on Catalist around June 28, 2024.
For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.