Beverly JCG Ltd. Converts Salaries and Fees into Equity

Beverly JCG Ltd. ( (SG:9QX) ) has shared an update.

Beverly JCG Ltd. announced a proposed capitalization of outstanding salaries and directors’ fees into 81,117,845 new ordinary shares. This move involves converting debts owed to key executives, independent directors, and a doctor employed by its subsidiary into equity, potentially strengthening the company’s financial position and aligning the interests of its stakeholders with the company’s long-term growth.

More about Beverly JCG Ltd.

Beverly JCG Ltd. is a company incorporated in Singapore, operating with its subsidiaries as a group. The company is involved in the medical industry, with a focus on healthcare services, as indicated by its subsidiary, Beverly Wilshire Medical Centre Sdn Bhd.

Average Trading Volume: 1,343,264

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$7.57M

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