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AJJ Medtech Secures Interest-Free Loan from Controlling Shareholder

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The latest update is out from OEL (Holdings) Ltd. ( (SG:584) ).

AJJ Medtech Holdings Limited has entered into a loan agreement with its controlling shareholder, Dr. Zhang Jian, for an interest-free loan of S$500,000. The loan, intended to support the company’s working capital and business expansion, is classified as an ‘interested person transaction’ under Singapore Exchange rules. This financial move is expected to bolster the company’s operational capabilities and growth prospects without incurring additional financial costs.

More about OEL (Holdings) Ltd.

AJJ Medtech Holdings Limited is a company incorporated in Singapore, operating in the medical technology industry. It focuses on providing innovative medical solutions and services, aiming to enhance healthcare outcomes and expand its market presence.

Current Market Cap: S$3.01M

See more data about 584 stock on TipRanks’ Stock Analysis page.

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