Medtecs to transfer to SGX mainboard
The transfer is designed to attract institutional investors.
Medtecs International Corporation will transfer their listing to the SGX Mainboard upon approval, their board of directors announced.
The board said the proposed transfer “would better allow the company to attract institutional investors and reach out to a wider investor base, both within Singapore and overseas.”
Moreover, the transfer could provide opportunities for the company to expand its business operations especially amidst the pandemic.