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Beverly JCG Ltd. ( (SG:9QX) ) has shared an update.
Beverly Wilshire Ltd. has announced a debt capitalization agreement with Cheah Sin Hing, converting S$60,000 of outstanding remuneration into 5,000,000 new ordinary shares at S$0.0120 per share. This move is part of the company’s strategy to manage its financial obligations through equity issuance, potentially impacting its shareholding structure and stakeholder interests.
More about Beverly JCG Ltd.
Beverly Wilshire Ltd., incorporated in Singapore, operates in the medical industry through its subsidiary Beverly Wilshire Medical Center (JB) Sdn Bhd, focusing on healthcare services.
Average Trading Volume: 5,680,252
Technical Sentiment Signal: Sell
Current Market Cap: S$11.96M
Learn more about 9QX stock on TipRanks’ Stock Analysis page.