Thomson Medical Group Adopts Market Capitalisation for Materiality Thresholds

Tip Ranks
2025.10.24 13:12
portai
I'm PortAI, I can summarize articles.

Thomson Medical Group Ltd. has announced a change in its method for calculating materiality thresholds, now using market capitalisation due to its negative net tangible asset position as of June 2025. This change, approved by the Singapore Exchange, aims to better reflect the company's scale and valuation for the financial year ending June 2026. Thomson Medical Group is a Singapore-based healthcare company offering various medical services and products, with a current market cap of S$1.59B.