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An update from Thomson Medical Group Ltd. ( (SG:A50) ) is now available.
Thomson Medical Group Limited has secured a S$225 million Islamic revolving credit facility with the option to convert it into a sustainability-linked facility. This marks the company’s first Islamic-linked loan, and the funds will be used to repay existing debts and support the group’s working capital, capital expenditure, business acquisitions, and other corporate purposes. The agreement includes provisions for maintaining its listing on the Singapore Exchange and conditions for early settlement if control over certain subsidiaries changes.
The most recent analyst rating on (SG:A50) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on Thomson Medical Group Ltd. stock, see the SG:A50 Stock Forecast page.
More about Thomson Medical Group Ltd.
Thomson Medical Group Limited is a healthcare company based in Singapore, primarily involved in providing medical services and healthcare solutions. The company focuses on women’s and children’s health, offering a range of services including specialist consultations, diagnostic imaging, and surgical procedures.
Average Trading Volume: 6,834,027
Technical Sentiment Signal: Sell
Current Market Cap: S$1.22B
For an in-depth examination of A50 stock, go to TipRanks’ Overview page.