Thomson Medical Group Adopts Market Capitalisation for Materiality Thresholds
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.
The latest update is out from Thomson Medical Group Ltd. ( (SG:A50) ).
Thomson Medical Group Ltd. has announced a change in its method for calculating materiality thresholds due to its negative net tangible asset position as of June 2025. The company will now use market capitalisation as a reference point, which has been approved by the Singapore Exchange Securities Trading Limited, to better reflect the business’s scale and valuation for the financial year ending June 2026.
More about Thomson Medical Group Ltd.
Thomson Medical Group Ltd. is a healthcare company based in Singapore, focusing on providing medical services and products. The company operates in the healthcare industry, offering a range of medical services and facilities.
Average Trading Volume: 13,459,953
Technical Sentiment Signal: Buy
Current Market Cap: S$1.59B
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