Medtecs Subsidiary Resilient Medical to be Wound Up

Tip Ranks
2025.01.17 12:12
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Medtecs International Corporation Ltd. has announced the winding up of its subsidiary, Resilient Medical Pte. Ltd., following a court order. Mr. Wong Pheng Cheong Martin has been appointed as the liquidator. The financial implications for Medtecs, particularly regarding net tangible assets and earnings per share, are under assessment. The company will provide monthly updates to stakeholders on any material developments. Medtecs operates in the medical industry and has a current market cap of S$74.86M.