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Singapore Institute Plans Share Issue for Loan Repayment

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 loans from its significant shareholders, Espeetex and Crescendas. These shares will be listed on the SGX-ST’s Catalist board, pending the company’s compliance with listing requirements. Investors are advised that further updates will be provided as the situation progresses.

For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.

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