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Medtecs Updates on Resilient Medical Liquidation and Financial Impact

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Medtecs International Corporation Ltd. ( (SG:546) ) has shared an announcement.

Medtecs International Corporation Ltd. has submitted a proof of debt amounting to approximately USD 29.95 million, which has been accepted by the Liquidator in the ongoing winding-up process of Resilient Medical. The company is still awaiting the final valuation report and has not received any offers for the sale of its nitrile glove factory in Cambodia. The financial impact of these developments on the company’s net tangible assets and earnings per share for the year ending December 2025 is still being assessed.

More about Medtecs International Corporation Ltd.

Medtecs International Corporation Ltd. is a company incorporated in Bermuda, operating in the medical industry. It is involved in the production and supply of medical consumables and related products.

YTD Price Performance: -18.57%

Average Trading Volume: 1,627,920

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$62.29M

Learn more about 546 stock on TipRanks’ Stock Analysis page.

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