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Medtecs International Corporation Ltd. ( (SG:546) ) has issued an announcement.
Medtecs International Corporation Ltd. announced an update regarding a winding-up application for its indirect majority-owned subsidiary, Resilient Medical Pte. Ltd. The court has ordered the winding up of Resilient Medical and appointed Mr. Wong Pheng Cheong Martin as the sole liquidator. The financial impact of this decision on Medtecs is still being assessed, particularly concerning the net tangible assets per share and earnings per share for the current financial year. The company will continue to update its stakeholders with monthly announcements and as material developments occur.
More about Medtecs International Corporation Ltd.
Medtecs International Corporation Ltd. is a company incorporated in Bermuda and operates in the medical industry. The company, along with its subsidiaries, primarily focuses on providing healthcare products and services.
YTD Price Performance: -2.14%
Average Trading Volume: 2,442,735
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$74.86M
For an in-depth examination of 546 stock, go to TipRanks’ Stock Analysis page.
