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Singapore Institute Secures S$5M Loan for Business Growth

Singapore Institute of Advanced Medicine Holdings Ltd. (SG:9G2) has released an update.

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Singapore Institute of Advanced Medicine Holdings Ltd. has entered into a S$5 million loan agreement with Caterine Limited to support business growth and general working capital needs. The loan features a 6.7% annual interest rate and a maturity date three months from the first disbursement, with an option to extend up to one year. This financial maneuver could influence the company’s future operational and financial strategies, attracting attention from investors and market watchers.

For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.

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