Mary Chia Holdings Secures SGX-ST Approval for Debt Capitalisation
Mary Chia Holdings Limited has received approval from the Singapore Exchange for the listing of 95,956,468 Conversion Shares on the Catalist board, following shareholder approval for its Proposed Debt Capitalisation. This is a significant step in the company's financial strategy, potentially affecting market positioning and shareholder value. Investors are advised to remain cautious as further updates on the issuance of the Conversion Shares will be provided. The company operates in the wellness and beauty industry and has a current market cap of S$5.57M.
Mary Chia Holdings Limited ( (SG:5OX) ) has provided an update.
Mary Chia Holdings Limited has received approval from the Singapore Exchange Securities Trading Limited (SGX-ST) for the listing and quotation of 95,956,468 Conversion Shares on the Catalist board, following shareholder approval for its Proposed Debt Capitalisation. This development marks a significant step in the company’s financial strategy, potentially impacting its market positioning and shareholder value. However, investors are advised to exercise caution as the company will provide further updates on the issuance of the Conversion Shares.
More about Mary Chia Holdings Limited
Mary Chia Holdings Limited is a company incorporated in Singapore, operating in the wellness and beauty industry. The company, along with its subsidiaries, focuses on providing beauty and wellness services.
YTD Price Performance: -25.00%
Average Trading Volume: 143,882
Technical Sentiment Signal: Buy
Current Market Cap: S$5.57M
For a thorough assessment of 5OX stock, go to TipRanks’ Stock Analysis page.
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