Mary Chia Holdings Plans Debt Capitalisation Strategy

Tip Ranks
2024.12.18 13:46
portai
I'm PortAI, I can summarize articles.

Mary Chia Holdings Limited (SG:5OX) is implementing a debt capitalisation strategy to convert outstanding debts into equity by issuing new shares to creditors, including Suki Sushi Pte. Ltd., Planhouse Deco Pte. Ltd., and Mr. Su Jun Ming. This restructuring aims to enhance the company's balance sheet and financial position.