Medtecs International Corporation Ltd. (SG:546) has released an update.
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Medtecs International Corporation Ltd. has announced the approval of its Medtecs Share Option Scheme, following the shareholders’ nod during the Annual General Meeting. The Singapore Exchange Securities Trading Limited has granted the company a listing and quotation notice for new shares to be issued under this scheme on the Catalist Board, with a cap of 15% of its total issued shares. This move allows for the issuance of new shares upon option exercises by directors and is subject to the company’s adherence to SGX-ST’s listing conditions.
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