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Mary Chia Holdings Secures SGX-ST Approval for Debt Capitalisation

Story Highlights
  • Mary Chia Holdings received SGX-ST approval for listing 95,956,468 Conversion Shares.
  • Investors are advised to be cautious as the company progresses with its financial strategy.
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Mary Chia Holdings Secures SGX-ST Approval for Debt Capitalisation

Mary Chia Holdings Limited ( (SG:5OX) ) has provided an update.

Mary Chia Holdings Limited has received approval from the Singapore Exchange Securities Trading Limited (SGX-ST) for the listing and quotation of 95,956,468 Conversion Shares on the Catalist board, following shareholder approval for its Proposed Debt Capitalisation. This development marks a significant step in the company’s financial strategy, potentially impacting its market positioning and shareholder value. However, investors are advised to exercise caution as the company will provide further updates on the issuance of the Conversion Shares.

More about Mary Chia Holdings Limited

Mary Chia Holdings Limited is a company incorporated in Singapore, operating in the wellness and beauty industry. The company, along with its subsidiaries, focuses on providing beauty and wellness services.

YTD Price Performance: -25.00%

Average Trading Volume: 143,882

Technical Sentiment Signal: Buy

Current Market Cap: S$5.57M

For a thorough assessment of 5OX stock, go to TipRanks’ Stock Analysis page.

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