Medtecs Awaits Court Order on Resilient Medical’s Dissolution
Medtecs International Corporation Ltd. is awaiting a court order regarding the dissolution of its subsidiary, Resilient Medical, which is in liquidation. The company believes this will not significantly affect its net tangible assets or earnings per share for the financial year ending December 31, 2025. Shareholders and potential investors are encouraged to stay updated on future announcements. Medtecs has an average trading volume of 1,282,216 and a current market cap of S$69.39M.
An announcement from Medtecs International Corporation Ltd. ( (SG:546) ) is now available.
Medtecs International Corporation Ltd. has announced that it is awaiting the final court order regarding the dissolution of Resilient Medical, a subsidiary involved in ongoing liquidation proceedings. The company has assessed that the winding-up of Resilient Medical and the transfer of shares to the company will not materially impact its net tangible assets or earnings per share for the financial year ending December 31, 2025. Shareholders and potential investors are advised to stay informed through future announcements as developments occur.
More about Medtecs International Corporation Ltd.
Average Trading Volume: 1,282,216
Technical Sentiment Signal: Sell
Current Market Cap: S$69.39M
For a thorough assessment of 546 stock, go to TipRanks’ Stock Analysis page.
